Coverage dated October 9, 2026

Student Loan Forgiveness Could Triple Tax Bill for Many Borrowers: Report

Headline from Newsweek

Between 2 million and 3 million Americans could face a student loan "tax bomb" over the next decade.

Newsweek's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Read the reports

Reports & sources

5 articles, oldest first.

Insider
Student-loan borrowers who get debt relief over the next decade may see their tax bills triple (opens Insider)
Published Oct 7, 2026
Insider's feed description
A provision that made student-loan forgiveness tax-free expired in 2025. A new report shows the higher tax bills borrowers are facing.
Money Talks News
Student Loan Forgiveness Is a Ticking Tax Bomb Again, Study Warns (opens Money Talks News)
Published Oct 9, 2026
Money Talks News's feed description
Borrowers who earn income-driven repayment cancellation could owe an extra $6,000 to nearly $12,000, and low-income families may lose thousands in tax credits.
Quartz
Advocacy group warns up to 3 million student loan borrowers face $12,000 tax bill on forgiven debt (opens Quartz)
Published Oct 9, 2026
Quartz's feed description
Protect Borrowers says tax relief for income-driven repayment discharges expired at the end of 2025, hitting low-income borrowers hardest
The Hill
Student loan forgiveness could hike tax bill for borrowers, study finds (opens The Hill)
Published Oct 9, 2026
The Hill's feed description
A new study says tax bills could triple for people who receive student loan forgiveness through income-driven repayment (IDR) plans. Previously, forgiven student loans were exempt from federal income tax, but that provision expired at the end of 2025.
Newsweek
Student Loan Forgiveness Could Triple Tax Bill for Many Borrowers: Report (opens Newsweek)
Published Oct 9, 2026
Newsweek's feed description
Between 2 million and 3 million Americans could face a student loan "tax bomb" over the next decade.