To: The United States House of Representatives and The United States Senate

Don't Tax Forgiven Student Loan Debt

Congress, don't tax forgiven student loan debt!

Why is this important?

The Tax Reform Act of 2014 section 1207 proposes to tax student loan debt forgiven under Public Service Loan Forgiveness as income. That means someone who has spent 10 years of their career serving the public will have to pay taxes on "income" they never earned. Many individuals taking advantage of PSLF would have to withdraw from the program because they simply could not afford the tax bill.