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 interest deduction can reduce your taxable income by up to $2,500 per year. ・You do not need to itemize deductions to claim it, but income limits apply. ・Many borrowers save $200 to ...
It's a moment those with student loans have been dreading -- payments are resuming. After a three-year pause on federal student loan payments, Friday marks the first significant step toward restarting ...
HOUSTON – Starting Aug. 1, interest will resume on federal student loans for millions of borrowers enrolled in the now-blocked SAVE repayment plan. “Every single individual loan is already increasing ...
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 ...
Student loan interest restarts for approximately eight million borrowers on August 1, ending a year-long interest-free forbearance period under the SAVE repayment plan. The future of the Public ...
You don't have to switch by Aug. 1, but interest will start accruing on your loans on the SAVE plan. Here are your options. Courtney Johnston led the CNET Money team and worked closely with the ...
Adam Palasciano is a writer over three years of experience writing about personal finance, investing, student loans, and more, for outlets like GOBankingRates, FinanceBuzz, The Penny Hoarder, and Wall ...