(Source: CAPPS - California Association of Private Postsecondary Schools) As currently structured, July 2019 is the earliest any borrower may receive loan forgiveness under an income-based repayment plan and a tax bill from the IRS. However, unexpected tax bills have already arisen for people who have had their student debt discharged after death or because they are permanently disabled. In April, a bipartisan group of U.S. senators introduced a bill to eliminate the tax penalty levied on student loans forgiven for death or permanent disability. 'Families grieving...
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