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 pandemic-era relief provided by the student loan payment moratorium ended in 2023, and by 2024, borrowers were back in the routine of paying their college debt — with interest. However, the good ...
A new bipartisan proposal in Congress aims to slash interest rates on federal student loans to just 2%, a dramatic drop from the 6% to 9% rates that most borrowers have today. The bill — officially ...
With student loan interest payments resuming in late 2023, many borrowers are eligible to claim this deduction for their 2024 tax filings. The benefit, which has existed since 1997, can help reduce ...
If you made student loan payments last year, there's a good chance you can get a break on your taxes. Don't forget about the student loan interest deduction, which allows taxpayers to deduct the ...
Student-loan borrowers will begin to see the effects of Trump's changes to repayment and borrowing in July 2026.
On May 30, the Education Department’s Federal Student Aid office announced the new federal student loan interest rates for ...
Interest capitalization occurs when unpaid interest charges are added onto your principal student loan balance Written By Written by Contributor, Buy Side Rebecca Safier is a contributor to Buy Side ...
Using a personal loan to pay off student loans might seem like a viable option for reducing interest rates or consolidating debt. However, there are several factors to consider before proceeding with ...