I can’t believe it has been 19 months since I last determined how much interest I pay to financing companies! I remember how I felt when I wrote that post, while I understood how amortization loans worked and that financing costs were inevitable it wasn’t until I did the actual calculations that I found how…
It seems to be a common statement among parents, planners, financial aid people, some bloggers, etc. that Don’t worry about education loans, they are tax deductible… Like most tax advice given…it is a half truth. Student Loans Are not Always Tax Deductible Yes, your interest is tax deductible if you don’t pass certain threshold income…
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