Gov. Tom Wolf reminded student loan borrowing Pennsylvanians on Wednesday, Aug. 31, they will not be taxed on relief provided by President Joe Biden’s Student Debt Relief Plan for those who will receive up to $20,000 in relief.

"I applaud President Biden for supporting hard-working student loan borrowers who are shouldering astronomical student debt by providing much-needed relief," Wolf said. "Given this positive action at the federal level, my administration does not intend to burden these Pennsylvanians with a tax bill following this beneficial action. Therefore, that relief will not be considered taxable income in Pennsylvania."

This move follows Wolf’s action last year on student loan debt relief Pennsylvanians received from the Federal Service Loan Forgiveness Program and the Pennsylvania Student Loan Relief for Nurses Program.