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Source: The College Investor President Trump generally does not support student loan forgiveness and would likely seek an end to some student loan forgiveness programs. But can the President claw back student loan forgiveness that has already been granted? It’s sparked a lot of concern in recent weeks, especially as President Biden has continued to […]
Source: The College Investor I get a lot of questions about whether you’ll pay taxes on student loan forgiveness. The questions come in many forms: Will I owe taxes on the amount of my student loan debt forgiven? What will my student loan forgiveness tax burden be? Is the debt forgiven tax free for student […]
President Trump made some major changes to student loan forgiveness programs – and most people don’t know it. Combine that with the proposals rolled out by Education Secretary Betsy DeVos, and the Trump presidency was mired with student loan controversy. Let’s break down the changes Trump’s administration has done with student loan forgiveness, and then […]
Source: The College Investor The student loan debt tax bomb can happen when you have to pay taxes on the student loan forgiveness you received. However, most people will avoid the tax bomb due to a tax process called insolvency. While some student loan forgiveness programs, like Public Service Loan Forgiveness (PSLF) are tax-free, others […]
Iran on Wednesday executed for the second time 26-year-old Ahmad Alizadeh, a man on death row for murder who was previously hanged for 28 seconds before being resuscitated as per a rights organisation. Alizadeh, who was sentenced to ‘qisas’ (retribution-in-kind) for murder after his arrest in October 2018, was taken to the gallows in April […]
Trump and Republicans have been very critical of student loan forgiveness. Source link
Source: The College Investor The Biden administration published a new regulatory proposal for student loan forgiveness for borrowers who experience financial hardship on October 31, 2024. There is a 30-day public comment period which ends on December 2, 2024. The final rule probably won’t be published until early 2025. This proposal is likely to be […]
Eight million borrowers facing “persistent financial burdens,” such as those brought on by unexpected medical bills, natural disasters or high child care or family caregiving costs, could qualify for federal student loan forgiveness — but it’s not a done deal yet. The Education Department revealed new details of the financial hardship proposal on Friday, Oct. […]
Warning: This review contains spoilers. (REVIEW) “Exhibiting Forgiveness” does a great job of honestly wrestling with the hardest questions around forgiveness, religious and otherwise, even if not all the elements quite come together. The film is beautiful for its vulnerability and willingness to wrestle with both the topic of forgiveness and how it intersects with […]