Taxes October 19, 2026
Student Loan Forgiveness is a Ticking Tax Bomb Again, Study Warns
A tax exemption for student loan forgiveness expired, meaning borrowers could face a big, surprise bill from the IRS.
Taxes October 19, 2026
A tax exemption for student loan forgiveness expired, meaning borrowers could face a big, surprise bill from the IRS.
Economy October 6, 2026
Outstanding federal student loan debt has grown to $1.72 trillion, an average of nearly $40,500 for each borrower, up about $1,500 from last year.
Payroll July 27, 2026
Students in low-paying college degree and certificate programs will no longer be eligible for federal student loans under a new U.S. Education Department rule.
Accounting May 20, 2026
A coalition of attorneys general filed a lawsuit against the U.S. Department of Education over a rule that narrows the definition of a "professional degree"—a change the group argues would cut off student loan access for thousands of students.
Accounting May 6, 2026
The final rule defines “professional students” as individuals enrolled in one of 11 designated professional degree programs under the One Big Beautiful Bill Act student loan classification system. Accounting isn't one of them.
Payroll April 24, 2026
In 2025, the average cost of attendance in 2025 was $27,277 for in-state residents and $37,408 for out-of-state.
Accounting March 3, 2026
The AICPA joins voices of CPAs across the country, with many state CPA societies also submitting comments to the Department of Education.
Payroll January 19, 2026
In a press release Friday afternoon, the Department of Education announced it will delay involuntary collections on defaulted federal student loans.
Payroll November 4, 2025
Higher education is a business and it doesn’t always look out for the consumer’s best interests. Here are five things families need to know about loans when they’re deciding what to do.
Payroll October 15, 2025
Americans owe more than $1.67 trillion in student loan debt—an average of $39,000 per borrower although the amount varies widely from state to state. It would take 20 years’ worth of $288 monthly payments to pay off that $39,000 debt.
Special Section: Guide to 2025 Tax Changes September 11, 2025
The new “One Big Beautiful Bill Act” (OBBBA) is enhancing several tax breaks relating to education in addition to increasing family tax credits for raising young children.
Accounting September 2, 2025
Nearly three-quarters (74%) of Americans who have personal student loans are somewhat or very worried about their ability to pay back those loans, according to the results of a new survey from the AICPA.