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7 major student loan changes taking effect Jul. 1

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Top News
Overview
 · 8h
These states are waiving state taxes for federal student loan forgiveness, while others have yet to decide
It's been just over a week since President Joe Biden made the announcement that up to $10,000 worth of federal student loans per borrower — and up to $20,000 for Pell Grant recipients — would be forgi...

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 · 19h · on MSN
Federal student loan rules changes: Here's what SAVE, Parent PLUS and graduate borrowers need to know before July 1
 · 3d · on MSN
Federal student loan changes go into effect July 1. Here are 4 questions borrowers need to ask now.
 · 1d
Trump faces renewed push to cancel student debt for eligible borrowers and stop the transfer of accounts to the Treasury
Democratic lawmakers are pushing the Education Department to deliver student-debt relief to eligible borrowers.

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 · 1d
The best parent student loans of June 2026
KSL · 20h
Here's what Utahns need to know about significant student loan changes set to take effect in July
1mon

What's happening with student loan forgiveness? Here's the latest, including an extension of the payment pause

When the Biden administration announced its student loan forgiveness plan in August, it was an unprecedented move to help alleviate the $1.6 trillion worth of debt that borrowers hold. However, the forgiveness plan now faces multiple legal challenges and leaves borrowers wondering what will happen next.
4don MSN

Student loan update: Judge faces major decision on debt forgiveness

A new Trump administration rule could restrict relief under the Public Service Loan Forgiveness program beginning in July.
12d

Doing This With Your Student Loans Could Now Be A Terrible Mistake

After being told for years to consolidate federal student loans, we are now entering a period during which federal student loan consolidation may be a very big mistake.
8d

How Biden's student-loan forgiveness could affect your credit score

Biden's student-loan forgiveness plan could have a slightly negative impact on your credit score if it eliminates your education debt completely.
Newsday
4mon

Some student loan forgiveness debt is now taxable. Here's what to know.

Starting this year, borrowers who get their federal student loans forgiven could face big tax bills. The new rule will apply to those in income-driven repayment plans, which limit monthly payments to a portion of borrowers’ income and typically result ...
5d

New Rule To Cut Off Student Loan Forgiveness For Certain Groups Gets Key Court Hearing

A federal court is set to consider arguments on a new rule that would give the Education Department the power to cut off certain groups from student loan forgiveness.
24d

New Bill Would Make Student Loan Forgiveness Easier for Teachers

A new bill introduced in Congress aims to make it significantly easier for teachers to qualify for student loan forgiveness.
AOL
6y

50% Say Mass Student Loan Forgiveness Unfair to Former Borrowers: Survey

Americans owe a collective $1.51 trillion in student loans, so it’s no surprise that student debt has entered the national conversation, with some presidential candidates calling for a blanket forgiveness of all federal student loans. To find out what ...
Times Union
8y

Want Your Student Loans Forgiven? Avoid These 4 Mistakes

This article was first published on NerdWallet.com. For some of the 44 million U.S. student loan borrowers, the Public Service Loan Forgiveness Program is an incentive to pursue generally low-paying careers like teaching, firefighting and nonprofit work ...
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