Biden Loan Bailouts For Student Deadbeats Could Be Taxed

Borrowers in thirteen states who have student debt canceled under the Biden administration’s plan may still be taxed hundreds of dollars next year on their forgiven loans. The Tax Foundation’s Vice President of State Projects Jared Walczak said that the maximum likely tax liability would double for those who have $20,000 in debt forgiven. For … Continue reading Biden Loan Bailouts For Student Deadbeats Could Be Taxed