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Sally Lauckner is an editor on NerdWallet's small-enterprise crew. She has over fifteen years of experience in print and on-line journalism. Right before signing up for NerdWallet in 2020, Sally was the editorial director at Fundera, where by she constructed and led a group centered on small-business content and specializing in organization funding
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Several commenters expressed worries about attainable tax liabilities and pointed out which the loan total forgiven will probably be regarded taxable income for the borrower. Various commenters argued that It will be harsh to tax the amount of the loan that's forgiven, Specially because people who find themselves battling to repay their student loa