These 13 states may tax borrowers on Biden's student loan relief
Loan forgiveness won't trigger federal taxes, but some borrowers could owe up to $1,100 in state taxes, analysis finds.
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Loan forgiveness won't trigger federal taxes, but some borrowers could owe up to $1,100 in state taxes, analysis finds.
These new actions, announced Tuesday, are the latest moves by the Biden administration to make it easier for federal student loan borrowers to receive forgiveness that they may already be entitled to under existing programs.
As student loan forgiveness remains a hot topic across the United States, a new study finds Pennsylvania is ranked among the top 10 states who have the most people with student loan debts.
It's a small but growing perk. Employers are offering to pay-down their employees' student debt.
Pennsylvania's U.S. Senator Bob Casey supports the Student Emergency Loan Refinancing Act, which would allow students to do what homeowners and businesses are doing -- lower the interest rate on their debt.
It's May, a big month for college graduations, along with all the cards comes the first repayment statement for college loans.
