Mississippi News
Student loan debt in the U.S.
Data Dive: Student loan debt in the U.S.
According to the Education Data Initiative, federal student loan debt in the United States averages $29 billion per state, with the District of Columbia having the highest individual average ($54,945) and the highest percentage of indebted residents at 17.2%.
Mississippi, although it falls toward the middle with an average of $36,902 per borrower, has the fourth-highest per capita rate of student borrowers, 14.8%, following Ohio, Georgia and D.C.
View the data:
"Under guidance from the Internal Revenue Service," Minta writes, "student loan servicers are not providing 1099-Cs – the tax form needed for filing debt cancellation – to borrowers or to state tax departments.
This means that many Mississippians will likely never receive the proper form to file student debt relief on their taxes. And while the Department of Revenue said it may send bills to those who try to skirt the additional tax, without 1099-Cs, it likely has no way of knowing if a Mississippian actually received student debt relief.
'That's the big question, right?' said Angela Gonzales, a tax manager based in Gulfport who specializes in student loan taxation. 'If you received student loan forgiveness, there's gonna be no transactions through your bank history, no tax documents. So how far are they going to look into this?'"
READ MORE: Mississippi plans to tax student debt relief. But Paycheck Protection Program loans are tax exempt.
This article first appeared on Mississippi Today and is republished here under a Creative Commons license.
SUMMARY: An increase in humidity is expected in Columbus, Mississippi over the next couple of days, with storm chances likely on Wednesday night. Tuesday will be warm and breezy with a few showers and storms possible in the afternoon, some of which may become locally strong. Wednesday will see the potential for widespread showers and storms in the evening as a strong cold front moves through, with the possibility of severe weather. However, nicer weather is expected for the weekend with gradual clearing on Friday and drier conditions on Saturday, although isolated showers may return on Sunday into Monday.
The post Humid next few days with storm potential at times – Home – WCBI TV appeared first on www.wcbi.com
SUMMARY: Margaret Richards has been named the new head coach for the Jackson State Women's Basketball team, marking a new era for the Lady Tigers. Richards previously coached at Alabama A&M for eight years before joining Mercer's staff. She is excited for the new challenge and looks forward to meeting alumni and continuing the team's tradition and history. Richards replaced Tomekia Reed, who left to become the head coach for the Charlotte 49ers. She is eager to hit the ground running and build upon the success of the team.
The post JSU welcomes new Women's Basketball coach appeared first on www.wjtv.com
SUMMARY: A shooting in a Vicksburg neighborhood resulted in multiple houses being hit with stray bullets, but no injuries were reported. Residents called the police after hearing gunshots in the area. Vicksburg Police Chief Penny Jones emphasized the importance of video surveillance in communities and urged residents to regularly check their camera systems. Jones stated that the police have identified a person of interest in the case and are investigating. The incident, described as a random act, has left the neighborhood shaken, especially for Jones who grew up in the area. Residents are encouraged to stay vigilant and ensure their safety measures are working properly.
The post Shots fired into Vicksburg homes appeared first on www.wjtv.com
Humid next few days with storm potential at times – Home – WCBI TV
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SuperTalk FM4 days agoDriver’s education set to become mandatory in Mississippi as bill passes
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SuperTalk FM3 days ago
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Mississippi Business6 days ago
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Mississippi News6 days ago
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Mississippi News4 days agoAltercation at Mississippi police department leads to officer-involved shooting
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