Senators and advocates are sounding the alarm about a potential “tax bomb” that could impact student loan borrowers in 2026.

Struggling with tax debt can be an overwhelming experience, creating financial and emotional stress. It can lead to a cycle of penalties and mounting debt that feels impossible to escape. However, ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Illustration ...

Advocates and lawmakers are warning that recent legislative changes could result in substantial financial penalties for student loan forgiveness.

U.S. senators have issued a warning for student loan borrowers, as tax bills of up to $10,000 may hit in 2026. Beginning January 1, student loan debt forgiveness could carry a high tax liability.

When a credit card company agrees to accept less than the full amount you owe — say, $20,000 on a $30,000 balance — it’s called a debt settlement. The lender agrees to forgive the remaining $10,000, ...

Why would someone with well over $100 million in career earnings risk it all for an alleged prop-bet scheme? Miami Heat guard Terry Rozier had eight million reasons to raise some extra money in 2023.

Elizabeth Guevara is a journalist working to explain the world of business and economics and how it impacts your finances. She joined Investopedia in 2024 as a breaking news writer covering personal ...

Many student loan borrowers can expect to get relief under the Trump administration’s recent agreement to resume forgiveness for certain student loans — good news for those working in lower-paying ...

Millions of student loan borrowers will see the “light at the end of the tunnel” after the Trump administration agreed to reinstate loan forgiveness plans it had partially blocked following a court ...

In a significant win for student loan borrowers, the Trump administration has agreed to a court-supervised plan that will speed up debt cancellation under income-driven repayment programs and protect ...