Sweeping student loan forgiveness changes for federal student loans are going into effect this year, and millions of borrower will be impacted. Here's a breakdown.

While many types of student loan forgiveness are tax-free federally, several states may levy taxes on student loan forgiveness. Even though some popular programs like Public Service Loan Forgiveness (PSLF) are tax free federally,

While some routes to loan discharges have been blocked or delayed in 2025, the Department of Education has still granted borrowers billions of dollars in forgiveness.

Those affected by the change "are obviously, and rightfully so, really worried about this," one advocate said.

Student loan borrowers are about to see some of the practical changes the Trump administration is making to the system that will affect their borrowing capabilities and

Millions of borrowers are sliding behind on student loans just as aggressive collections return, but a mix of new protections, settlement terms, and repayment options is quietly giving some of them a second chance.