Student Loan Save Act 2025. “under president biden’s leadership, our administration has now approved loan forgiveness for nearly 3.9 million borrowers, and our historic fight to cancel student debt isn’t. Most types of student loan forgiveness are subject to taxation, but the american rescue plan has a provision that federal student loan.

Learn how student loan programs may change under trump’s 2025 administration: Most types of student loan forgiveness are subject to taxation, but the american rescue plan has a provision that federal student loan.