Student loan forgiveness could hike tax bill for borrowers, study finds

A new study says tax bills could triple for people who receive student loan forgiveness through income-driven repayment (IDR) plans. 

Previously, forgiven student loans were exempt from federal income tax, but that provision expired at the end of 2025. 

An average married couple with two dependents earning around $60,000 could see their tax bill go up by $7,200, according to Protect Borrowers, a nonprofit group that advocates for debt relief.  

Lower-income families, those making around $40,000, would see the biggest increase, with their tax liability growing 11 times their usual rate. 

And single borrowers could see 1 out of 4 of their........

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