President Donald Trump is ordering changes to the Public Service Loan Forgiveness program that would disqualify workers of nonprofit groups deemed to have engaged in “improper” activities.
While canceled or reduced loans are generally tax-free at the federal level, you may face hefty tax bills in 19 states.
An estimated four million student loan borrowers were more than 90 days overdue on repayment by the end of February 2025, double the amount that were in delinquency at the same time six years ago.
The president signed an order that would deny loan forgiveness to workers for groups engaged in “substantial illegal activities,” which it indicated included things like diversity initiatives.
President Trump seeks to dismantle the Department of Education. Here's how it would affect existing student loans in Ohio.
President Donald Trump on Thursday said he has discussed shifting the Federal Student Aid office to an agency outside the Education Department.