Browsing Tag

student debt

IRS-Approved Strategies: How Your Employer Can Help You Achieve Tax-Free Student Loan Forgiveness

Dahlia Martyna Sep 6, 2023

The IRS informed companies that they can provide up to $5,250 in tax-free educational aid to employees each year. Employers having educational aid programs, based on the news release, may utilize them to help employees settle their…

House Republicans Propose Comprehensive Student Loan Debt Plan

Clark Baisa Jun 16, 2023

House Republicans introduced a student debt plan amid anticipation of a Supreme Court ruling on President Biden's loan forgiveness program. The Federal Assistance to Initiate Repayment (FAIR) Act, spearheaded by Republican members of the…

Here are 4 methods for handling Your Student debt

Dahlia Martyna Apr 25, 2023

There is present $1.75 trillion in outstanding student debt in the United States, with the average borrower owing $28,950. These numbers demonstrate how student loan debt has affected the entire population, including the elderly. Given…

Student debt from 1990s loan scheme still haunting ATO: $2 billion in unpaid loans

Rose Apr 24, 2023

The Australian government is still pursuing more than 140,000 former low-income students who traded away their right to welfare benefits under a loan program more than 20 years ago for $2 billion in debt. In order to qualify for the…

Student loan update: What borrowers need to know and how to calculate payments?

Dahlia Martyna Jan 26, 2023

With the status of the Biden administration's expansive student loan forgiveness scheme unknown and going to the Supreme Court, New York state borrowers may have another option for relief. The 'Get On Your Feet' Loan Forgiveness Program,…

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