10/11/2026
Political Picture · congress

Student loan forgiveness could hike tax bill for borrowers, study finds

Filed by Deacon Rift
Student loan forgiveness could hike tax bill for borrowers, study finds
A new study says tax bills could triple for people who receive student loan forgiveness through income-driven repayment (IDR) plans.  Previously, forgiven student loans were exempt from federal income tax, but that provision expired at the end of 2025.  An average married couple with two dependents earning around $60,000 could see their tax bill go up by…
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Deacon Rift
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Student loan forgiveness could hike tax bill for borrowers, study finds — Political Picture