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The Ins and Outs of the Student Loan Interest Tax Credit

Paying off student loans can be a daunting task, but did you know that there's a tax credit available to help ease the burden? The Student Loan Interest Tax Credit can help reduce your tax liability and save you money in the long run. In this ar…

Are Student Loan Interest Rates Annual?

As a college student or graduate, you may be familiar with the concept of student loans and the interest rates associated with them. But are student loan interest rates annual? In this article, we will explore what student loan interest rates are, h…

Are You Eligible for a Tax Deduction on Student Loan Interest?

Student loan interest is the interest charged on loans taken out to pay for educational expenses. This interest is usually paid over a long period of time and can result in a significant amount of money being paid back in addition to the original lo…

Understanding the Student Loan Interest Deduction Phaseout

As a student loan borrower, you might be eligible for a tax deduction for the interest you pay on your loans. However, if your income exceeds certain limits, you might not be able to claim the full deduction or any deduction at all. In this article,…

Can Student Loan Interest Be Deducted?

As college tuition and student loan debt continue to rise in the United States, it's essential to know all the available options to lessen the burden of these financial obligations. One of these options is to deduct student loan interest from yo…

National Student Loans and Bankruptcy: What You Need to Know

Am I Eligible for a National Student Loan? Know the Criteria and Application Process