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Student loan debt: Tax and other considerations

  • December 1, 2020

The COVID-19 pandemic has renewed focus on the student loan debt crisis. In response to the pandemic, under a provision in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136, and a presidential order, government-held federal student loans are in administrative forbearance through the end of 2020, meaning that no payments need to be made on the loans and interest does not accrue on the suspended payments during that time. Continue Reading