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via businessinsider.comPolitics

Student-loan borrowers face tripled tax bills as forgiveness tax exemption expires

FROM THE WIRE · BUSINESSINSIDER.COM

A provision that made student-loan forgiveness tax-free expired in 2025. A new report shows the higher tax bills borrowers are facing.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishExpiration of tax-free student-loan forgiveness provision increases tax burden on borrowers receiving debt relief over the next decade.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01A provision making student-loan forgiveness tax-free expired in 2025.
  2. 02A new report shows borrowers are facing significantly higher tax bills.
  3. 03The tax impact could triple for those receiving debt relief over the next decade.

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