Paid your student loans in 2023? You could qualify for this tax deduction for the first time

You can claim the deduction if all of the following are true: You paid interest on a qualified student loan in tax year 2023 ... the House introduced legislation to increase the deduction limit ... Read More

Biden wants to make student loan forgiveness tax-free permanently

The American Rescue Plan Act of 2021 made student loan forgiveness tax-free ... on the Chicago news you need to know. Sign up for the weekly Chicago Catch-Up newsletter here. Consumer advocates ... Read More

Biden to Make Second Attempt at Large-Scale Student Loan Forgiveness

WASHINGTON—The Biden administration is poised to issue a proposal aimed at reducing or eliminating student loan balances for millions of borrowers, according to people familiar with the matter ... Read More

How Much of My Monthly Budget Should Go to Student Loans?

However, if you can afford to make extra payments ... Similarly, the Consumer Financial Protection Bureau advises students not to borrow more in student loans than they expect to earn in their ... Read More

Student Loans

What Can Student Loans Be Used For? Your student loans can pay for a wide range of education-related expenses. The Latest Defaulting on your student loans comes with steep consequences ... Read More

How to get the student loan interest deduction

If you're a student, your student loan interest payments may be deductible ... in the tax software market, TurboTax provides a wide range of features to make filing easy. You can also opt to ... Read More

Don’t Miss This $2,500 Tax Break for Paying Your Student Loan

For example, both private and federal student loans qualify, and both required and voluntary interest payments are deductible. Also, current students and graduates can benefit from the deduction ... Read More

College Ave Reviews: Private Student Loans and Student Loan Refinancing

NerdWallet's student ... can be enrolled in a non-degree program (like a certificate program). Percentage of borrowers who have a co-signer: 92%. Immediate: Make full payments as soon as the loan ... Read More

Here are the best low-interest student loans to save you money over time

our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed decisions with their money. Every student loan review is ... Read More

Best student loan refinance companies

It's never a bad idea to re-evaluate your student loan payments, particularly if you're trying to sort out student loans before a new semester begins. After all, tuition bills can come due quickly ... Read More