What to Watch for as Student Debt Cancellation Heads to the Supreme Court
The highest court in the land will soon turn its attention to President Joe Biden’s plan to erase up to $20,000 in federal student debt for some 40 million eligible borrowers. On Tuesday, Feb. 28, the Supreme Court will consider two key lawsuits that have put this one-time student debt relief on ice. The court will decide the fate of Biden’s plan in the months to follow.
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Billions Spent on Tax Returns That Could Be Filed for Free
The estimated share of tax filers who took advantage of a free filing program has grown in recent years. Unfortunately, so has the number of those not using it, resulting in billions in unnecessary spending. The IRS has partnered with tax software providers to provide free online filing for taxpayers with qualifying incomes. One problem with this noble plan: relatively few take advantage.
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