How To Deduct Your Student Loan Interest
It’s tax time again, and if you paid interest on a student loan in 2009 you may be eligible to deduct up to $2,500 of the interest you paid, whether the loan was for your own education, your spouse’s, or that of a child or anyone else who was your dependent at the time the education was undertaken.
Student Loans: New Payment Plan to Help Save Money
Most student loan borrowers do not realize that on July 1, 2009 a new, more lenient payment plan was made available for those people having trouble repaying their federal student loans.