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The Department of Education dropped ACS’ loan servicing contract in 2013, though ACS continued to service some Federal Family Education Loans (FFEL), Perkins Loans and private student loans. ACS ...
Although borrowers were granted a stay of student loan payment since the start of the pandemic in March of 2020, many vulnerable borrowers will struggle to pay their bills when payments resume on...
Millions of federal student loan borrowers just made payments for the first time in years — or ever. What does that mean for 2023 taxes? Student loans eligible for tax deductions
Student loan holders receive an important tax break in the form of the student loan interest deduction. Per the IRS, when you pay interest on a qualified student loan, either through voluntary or ...
The IRS provides a student loan interest deduction that lets borrowers subtract some of the payments from their taxable income. Find out if you're eligible.
U.S. Lawmakers Want To Expand The Student Loan Tax Break. Some welcome news for student loan borrowers: House lawmakers introduced a bill in Congress last month to expand the existing student loan ...
The tax forms concerning these student loans scenarios include: Form 1098-E: Also known as the Student Loan Interest Statement , this lender-sent form tallies your interest paid to help you claim ...
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