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Explícame on MSNHow the New Student Loan Tax Deductions Work in 2025
For many students and recent graduates, student loan payments can be a significant burden. However, a crucial tax benefit can help alleviate this pressure: the student loan interest deduction.
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Student Loan Interest Deduction: Who Qualifies and How To Claim It
Did you pay interest on your student loans last year? If so, you might qualify for the student loan interest deduction — a simple way to reduce your tax bill by up to $2,500, even if you don’t itemize ...
The student loan landscape has become so complicated that many borrowers need a detailed road map. This guide will help you ...
Erika Giovanetti is the consumer lending analyst for U.S. News & World Report and a certified personal finance counselor who ...
Student loan interest resumed August 1 for many borrowers after federal protections expired, but an Oklahoma CPA says there are still ways to reduce debt and deduct interest on your taxes. CPA Paul ...
A growing number of federal student loan borrowers are pausing payments. Experts warn that while deferments and forbearances ...
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The New Rules for Student Loans
Whether you’re paying off education debt now or planning to borrow in the future, get ready for bigger payments and lower loan limits.
Millions of student loan borrowers who were enrolled in a Biden-era repayment plan will soon see their monthly payments increase after the current administration restarted interest accrual Aug. 1.
Student loan borrowers will see interest start accruing on their loans again. One estimate shows that borrowers could pay an additional $300 a month in interest. Last year, people enrolled in student ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...
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