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Chicago Sun-Times
Chicago Sun-Times
National
Lisa Philip | WBEZ

Student loan payments are back. What to know about interest, loan servicers and taxes.

People had a lot of questions about interest, student loan servicers and whether a canceled student loan counts as taxable income. Here are some answers. (Elise Amendola / AP)

An estimated 43 million federal student loan borrowers have to start making payments this month for the first time in three years. More than 1.5 million Illinois residents cumulatively have a total of $61 million in student debt.

We asked people to share their hopes, fears and questions in the lead-up to the end of this pandemic-era payment pause.

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