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2. Borrowers whose student loans were forgiven in 2023 may ... - AOL

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   "Student loans that are forgiven after Dec. 31, 2020, and before Jan. 1, 2026, will not be taxed on a federal return, but for state income tax, there are some exceptions," Kathy Pickering, chief ...

3. 7 States That Could Tax Your Student Loan Forgiveness - AOL

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   A spokesperson for the Indiana Department of Revenue confirmed to NBC News that its residents will owe up to $323 for $10,000 in student loan forgiveness and $646 for $20,000 in student loan ...

4. Student Loan Forgiveness: 3 Ways the IRS Says Your ... - AOL

   www.aol.com/finance/student-loan-forgiveness-3...

   About 48 million borrowers have student loan debt. According to the Education Data Initiative, the average federal student loan debt is $37,574 per borrower as of April 2023. The average private ...

5. Federal Direct Student Loan Program - Wikipedia

   en.wikipedia.org/wiki/Federal_Direct_Student...

   The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [ 1]

6. Student loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loans_in_the...

   In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [ 1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...

7. Student Loan Forgiveness and Your Taxes: How State and ... - AOL

   www.aol.com/finance/student-loan-forgiveness...

   One of the hot topics after the Biden administration unveiled its student loan forgiveness plan last week was how canceled debt might impact borrowers' income tax returns. The details are still not...

8. The federal government won't tax your student loan ... - AOL

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   As millions of Americans prepare to submit applications for student loan forgiveness through the Biden administration's new program, the residents of seven The federal government won't tax your ...

9. Student Loan Forgiveness Can Impact Your 2023 Taxes in an ...

   www.aol.com/finance/student-loan-forgiveness...

   Millions of student loan borrowers are waiting to see how the U.S. Supreme Court will rule on federal student loan forgiveness. In the meantime, taxpayers have some questions. Student Loan...