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Stop Taxing Death and Disability
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Stop Taxing Death & Disability

EFC strongly supports efforts to exempt from federal income tax private and federal education loans that are discharged due to the death or total and permanent disability of a student, and to allow the parent of a student that becomes totally and permanently disabled to have their federal loan discharged. 

Adding federal and private student loan discharges as a result of death or total and permanent dis-ability to the existing list of tax-exempt discharges is a common-sense and compassionate reform, modeled on current exemptions that public sector employees and borrowers with a closed-school discharge already receive. 

EFC endorses the bipartisan, bicameral Stop Taxing Death and Disability Act.