Re:The Number of Older Student Loan Borrowers Is Rising
by bradleyjg on Thursday January 12, 2017 @11:23AM
(#13383477)
There's a second out of forgiveness after 240 payments, though last I check it is unclear exactly what the tax consequences are for that type of forgiveness (public service forgiveness does not incur a tax liability).
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Re:The Number of Older Student Loan Borrowers Is Rising
by rhino369 on Thursday January 12, 2017 @11:40AM
(#13383672)
>it is unclear exactly what the tax consequences are for that type of forgiveness
It's treated as taxable income unless you are insolvent, which you might be if you owe a lot of money.