Nobody likes student loan payments, but this tax deduction might help you ease their burden during tax season.

College expenses can be daunting, but understanding the available tax credits and deductions can ease the financial burden.

A Reddit user is trying to decide how to organize his financial priorities. The original poster (OP) said he has $23,000 in ...

Democrats propose the SOAR Act to protect income-driven repayment benefits after the SAVE Plan was blocked. Here’s what the ...

If you borrowed money for college for yourself or your child, you may be eligible for the student loan interest deduction, which can reduce your taxable income by up to $2,500. You’re only ...

First off, the basics: you can deduct the lesser of $2,500 or the actual interest you paid on federal or private student loans used for higher education. The IRS says it's an "above-the-line ...

Last month, a federal judge halted the Biden administration's SAVE plan, an income-driven student loan replacement program ...

Personal Finance. Student Loan Interest Deduction Income Limit 2025: How much taxpayers can deduct? Student loans can feel like they'll follow you forever, but what happens if the borrower passes ...

While many people know about the standard deductions, like student or mortgage loan interest, there are plenty of lesser-known deductions that can help you keep more of your hard-earned money.