What student loan forgiveness means for your taxes

Published: Feb. 15, 2024, 12:46 p.m.

Since President Joe Biden took office, more than 3.6 million people have had their federal loans forgiven in full. But what’s that mean for your tax bill? While you don’t have to worry about federal taxes, state taxes could be another story. We’ll provide a helpful explainer. Plus, consumers complain about high prices but spend anyway, and that’s helping turn shoppers on to off brands.