Debt forgiveness could put a serious dent in a $15,000 balance, but the true savings depend on several key factors.

The new filing argues that the Education Department is required by law to provide loan forgiveness under SAVE.

After a court declined to approve Trump's settlement to eliminate the SAVE student-loan repayment plan, borrowers filed a ...

Credit card debt forgiveness: Is it possible? Quick to go up, painfully difficult to bring down. Sound familiar? Most U.S. adults have credit card debt, and if you’re struggling to pay yours off or ...

Student loan borrowers filed a new lawsuit Monday, arguing the Education Department must immediately forgive student loans ...

Illinois and local officials announced Cook County will continue funding the medical debt forgiveness program next year, once ...

Student loan holders who get their debt excused in 2026 can expect a hefty tax bill. But there are steps you can take to ...

WASHINGTON -- The Biden administration said Friday that it is using existing student loan forgiveness programs to cancel another round of student debt, totaling $7.4 billion for 277,000 borrowers.

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Received a Form 1099-C for canceled debt? Learn why the IRS may consider it taxable income and, crucially, how you might be ...