Starting next year, student loan borrowers who get their debt forgiven may wind up with a tax bill. Here's what borrowers should know about the changes.

Recent legislative changes have altered the tax landscape for student loan forgiveness in the U.S. Borrowers must be aware of how these changes could impact their financial future, especially those enrolled in income-driven repayment plans.

The Department of Education has paused the Income Based Repayment plan in another significant move that alters the student loan repayment process.