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Federal student loan debt increased 267.1% between 2006 and 2023, according to the Education Data Initiative. In December, the House introduced legislation to increase the deduction limit to ...
In an updated guidance in October 2022, the Department “maintained that borrowers who cross the 20 or 25-year threshold following the account adjustment would start receiving student loan ...
In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation.
One trap that student loan holders should avoid when filing their taxes in 2023, however, is that most of them didn’t pay any student loan interest during 2022. As most student loan payments ...
The future of student loan debt for millions of Americans hangs in limbo. The Supreme Court will hear arguments in February to decide whether the Biden administration went beyond its authority with...
There's little doubt that the 2020-2023 period has been the most confusing in student loan history. Welcome relief from the coronavirus pandemic started in March 2020, when first student loan ...
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