Student loans linked to greater harm to parents who borrow for their children than to people who borrow for themselves

When people take out student loans for themselves, there are certain risks involved. Debt can negatively affect a person’s mental, emotional, and even physical well-being. It can also harm a person’s financial well-being. But when you take out a student loan for your child, the risk is even greater that the loan will be associated […]

Pennsylvania exempts canceled student loans from tax

HARRISBURG (AP) – Pennsylvania will no longer impose state income taxes on public sector workers and nurses who receive student loan forgiveness under two major programs, announced Friday the ‘Wolf administration. The change impacts participants in the federal Public Service Loan Forgiveness Program, which provides debt relief for teachers, social workers, the military and other […]

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