College Board Navigates Student Loan Tax Shifts and Financial Literacy Expansion

• Student loan forgiveness becomes taxable income for many borrowers after the expiration of the American Rescue Plan Act's tax exemption according to NASFAA.
• Louisiana launches a comprehensive financial literacy program for students and athletes with state-specific economic content as reported.
• College Board seeks a Director of International Market Management to expand SAT and AP programs globally according to remote job listings.

Education finance faces significant shifts as tax changes hit student loan forgiveness and new literacy initiatives emerge. College Board positions itself at this intersection while expanding internationally. These developments impact borrowers, educational institutions, and workforce readiness across multiple sectors.

How Are Student Loan Forgiveness Rules Changing in 2026?

The American Rescue Plan Act's tax exclusion for forgiven student debt expired on January 1, 2026. This means income-driven repayment discharges now count as taxable income unless covered by specific exceptions as NASFAA explains. Borrowers could face unexpected tax bills, though Public Service Loan Forgiveness remains tax-exempt. Senate Democrats are urging Treasury to declare discharges non-taxable amid borrower concerns according to NASFAA.

Educational institutions face parallel financial pressures. as reported. These budget constraints coincide with heightened scrutiny of executive compensation in higher education .

What Financial Literacy Programs Are Emerging?

Louisiana's Couvent Collective launched a three-tier Financial Power for Life™ curriculum. It addresses high school requirements, college athlete , and professional sports finances as detailed. The program incorporates hurricane preparedness and parish-level economic data unique to Louisiana. This approach aims to close financial education gaps with culturally responsive content according to program details.

Business schools are adapting curricula to include AI and sustainability. Deans globally prioritize integrating these topics while balancing technological change with student wellbeing according to EFMD Global. These initiatives align with broader retirement planning shifts under legislation affecting savers .

How Is College Board Expanding Its Global Reach?

College Board is hiring a Director of International Market Management to grow partnerships across Sub-Saharan Africa, Europe, and the UK. The role focuses on expanding SAT and Advanced Placement programs through school and government relationships as described. Responsibilities include market analysis and Salesforce-driven account management with French fluency required.

This expansion occurs as the Department of Education implements new earnings tests for postsecondary programs. The policy holds institutions accountable for graduate earnings relative to high school graduates according to Inside Higher Ed. College Board's global growth strategy navigates this evolving accountability landscape while community college elections highlight local education priorities as reported.