MoMo Productions / Getty Images As student loan forgiveness resumes, borrowers need to assess their situations to make sure they qualify for dismissal. KEY TAKEAWAYS Student loan borrowers who qualified for loan forgiveness in 2025 will not have to pay taxes on their discharged loans. Borrowers must have made a certain number of payments and be on an eligible repayment plan to have their loans dismissed. While the Department of Education has resumed student loan forgiveness, you may still need to co ...