(09-06-2022, 10:26 PM)The Drifter Wrote: Indiana Set to Confirm a Tax on Forgiven Student Loans

Indiana on Tuesday became the latest in a slew of states to confirm it will tax student loan forgiveness.

According to the Associated Press, on Tuesday, the Indiana Department of Revenue confirmed in an email that residents must list their forgiven loans as taxable income per Indiana law. The law follows the trend of other states, such as Mississippi and North Carolina.

https://www.newsmax.com/newsfront/indian...EnZl996ChM

Talk about voting yourself out of a job.

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(09-03-2022, 03:40 PM)Lucky2Last Wrote: Man, if I was a dishonest person, I would sign up for college course locally, take out as many loans as I could, and then buy a new car or put extra payments down on my house. There is no incentive to ever pay off another student loan.

You do know that those student loan companies have the power of the government and that the IRS garnishes wages and Social Security checks to collect on student loans, yes? Oh, it seems that 87,000 new armed agents need something to do with all that ammo. There is no bankruptcy option and no aging out of student loan debt, they take by force until you die and then it's one of the first debts recovered from your estate in probate. Don't have a life insurance policy in your name when you die, your family won't get any of it.

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