Louisiana borrowers to face biggest ‘tax bomb’ from student loan forgiveness

By: Piper Hutchinson

Outlets: Louisiana Illuminator

Published: October 8, 2026

Words: 306

Last Updated: 1 week, 2 days ago

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Some Louisianians could see their tax bills triple — the biggest increase in the country — following the expiration of a law that kept forgiven student loan debt from being treated as income, according to a new report.

Student loan debtholders in Louisiana and the rest of the South are expected to be the hardest hit because they tend to have larger balances and lower incomes, according to the analysis …

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