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Tax Free Student Loan Offering: What It Means for Large Credit Borrowers


Publisher’s Note: We expect the Senate version of the US bailout plan, which included tax-free student loan grants, to be included in the final bill. If this changes we will update the article accordingly.

If you look at Section 9675 of the Senate version of the American Rescue Plan, you will find one of the major changes in student loan policy in America. Borrowers who receive relief on their student loans will no longer have to pay income taxes on them …



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