| Source | WTTW |
|---|---|
| Original Load Date | Jan. 30, 2026, 6:01 p.m. |
| Last Updated | Jan. 30, 2026, 6:01 p.m. |
| Original URL | https://news.wttw.com/2026/01/30/student-loan-borrowers-illinois-could-face-federal-state-tax-bomb-2026 |
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_by Sam Freeman and Medill Illinois News Bureau, Capitol News Illinois_
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SPRINGFIELD — For the first time in five years, certain forms of student loan
forgiveness will be taxable following a change in federal tax policy this year.
This comes after a provision of the [ American Rescue Plan Ac...