Forgiveness is coming early for some federal student loan borrowers. If you're on the Saving on a Valuable Education repayment plan, initially borrowed $12,000 or less and have been making payments ...

Millions of Californians got a long-awaited financial boost last month when the Biden administration announced that it would cancel up to $20,000 in federal student debt for low- and moderate-income ...

A day after President Joe Biden's student debt relief plan was widely panned by Republicans, the White House Twitter account fired back, tweeting about GOP lawmakers who had Paycheck Protection Plan ...

You won't owe the IRS money on your forgiven balance, but a handful of states tax canceled debt as income. Dashia is the consumer insights editor for CNET. She specializes in data-driven analysis and ...

Taxpayers whose Paycheck Protection Program (PPP) loans are forgiven under the program but who are ineligible for that forgiveness may not exclude the forgiven loan amount from gross income for ...