Politics· States Newsroom

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

States Newsroom · October 8, 2026

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…

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

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