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More than a million student loan borrowers got debt forgiven in 2024. What to know at tax time

Despite the current federal policy on forgiven student debt, it’s possible a borrower could still face state taxes. Currently, a handful of states tax certain kinds of student loan forgiveness

More colleges set to close in 2025, even as ‘Ivy Plus’ schools experience application boom

Many colleges are under financial pressure, and the cracks are starting to show. At least 20 colleges closed in 2024, and more are set...

The 10 least valuable college degrees—only 1 helps grads earn more than $50,000

A college degree can help you financially get ahead, compared to a high school diploma alone. In 2022, workers ages 25 to 34 with a...

This college has the highest-paid graduates—it’s not Harvard, Princeton or any Ivy League school

College graduates on average earn more than those without a four-year degree — but where you go to school may influence your earning potential. Young...

Education Department to pause student loan payments for millions amid legal battle

Borrowers enrolled in the Biden administration’s new repayment program, known as SAVE, will be placed “in an interest-free forbearance,” according to a statement from U.S. Secretary of Education Miguel Cardona.

Education Department to forgive $1.2 billion in student debt for 35,000 borrowers

The Public Service Loan Forgiveness program allows certain not-for-profit and government employees to have their federal student loans canceled after a decade in repayment. But the program has been plagued by problems.

How a bad year for college financial aid is shaping these students’ futures

Ramon Montiel-García, a newly minted high school graduate from Denver, was accepted to his first-choice school, Wheaton College in Massachusetts. However, with a sticker price of nearly $80,000 per year, he needed financial aid to bring the cost down.

FAFSA issues force hard choices: 44% of students said college decisions came down to $5,000 in aid

A recent study found that 76% of students said the financial aid amount awarded to them, and the overall financial aid process, was the top driver in their choice about where to go to college.

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