What to know about federal student loan collections starting
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What to know about federal student loan collections starting
On May 5, the Federal Government started referring student loans currently in default for collections, which it hasn’t done since March of 2020. For the more than 5 million borrowers currently in default, that could mean wage garnishment, or having money taken out of future tax refunds. Persis Yu, deputy executive director and managing ...
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Student Loan Forgiveness
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This ASL video explains about 2025 is the last year to have a federal student loan waiver to be tax free. For states, it depends on which state you live. https://studentaid.gov/manage-loans/forgiveness-cancellation/disability-discharge?os=w&ref=app https://thecollegeinvestor.com/36107/state-taxes-on-student-loan-forgiveness/ | DeafTax.com
2:15
This ASL video explains about 2025 is the last year to have a federal student loan waiver to be tax free. For states, it depends on which state you live. https://studentaid.gov/manage-loans/forgiveness-cancellation/disability-discharge?os=w&ref=app https://thecollegeinvestor.com/36107/state-taxes-on-student-loan-forgiveness/ | DeafTax.com
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