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Jun 30, 2015 ... Student Loan Forgiveness Debt Relief. SUMMARY. This bill would provide an exclusion from gross income for student loans that are forgiven ...
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What is student loan forgiveness debt?
Student loan forgiveness debt is when the remaining balance of a student loan is forgiven or canceled.
Who is required to file student loan forgiveness debt?
Individuals who have participated in a qualifying repayment plan or program and meet specific criteria may be required to file for student loan forgiveness debt.
How to fill out student loan forgiveness debt?
To fill out student loan forgiveness debt, individuals need to follow the instructions provided by their loan servicer or the forgiveness program they are applying for.
What is the purpose of student loan forgiveness debt?
The purpose of student loan forgiveness debt is to help borrowers who are struggling to repay their student loans by offering them debt relief.
What information must be reported on student loan forgiveness debt?
The information that must be reported on student loan forgiveness debt includes details about the borrower, the loan being forgiven, and any qualifying criteria that have been met.
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