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Education Loan Interest is Not Always Tax Deductible

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 Deductibe

Yes, your interest is tax deductible if you don’t pass certain threshold income limits. As you will

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