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  2. How To Get the Student Loan Interest Deduction - AOL

    www.aol.com/student-loan-interest-deduction...

    Here is a quick breakdown of what qualifies for the student loan interest deduction: Qualified education expenses: If the loan was for tuition, room and board, books or other related expenses ...

  3. Student Loan Forgiveness: These 7 Professions Will Forgive ...

    www.aol.com/finance/student-loan-forgiveness-7...

    Qualified student loans of eligible veterinarians may receive up to $25,000 a year from the Veterinary Medicine Loan Repayment Program (VMLRP). These veterinarians must work in areas designated by ...

  4. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    In 2021, student loan servicers began dropping out of the federal student loan business, including FedLoan Servicing on July 8, Granite State Management and Resources on July 20, and Navient on September 28. [40] According to Sallie Mae, as of 2021, 1 in 8 families are using private student loans when federal financing does not cover all ...

  5. Student Loans: You Might Qualify for an Interest Deduction ...

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  6. Student loan - Wikipedia

    en.wikipedia.org/wiki/Student_loan

    Federal student loan interest rates are established by Congress and listed in § 20 U.S.C. § 1087E(b). Because the interest rates are established by Congress, interest rates are a political decision. In 2010, the federal student loan program ran a multibillion-dollar "negative subsidy", or profit, for the federal government.

  7. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

  8. Student Loans 2023: What Borrowers Need To Know About Filing ...

    www.aol.com/finance/student-loans-2023-borrowers...

    Per the IRS, when you pay interest on a qualified student loan, either through voluntary or required prepaid interest payments, you can deduct the lesser of $2,500 or the amount you actually paid ...

  9. FAFSA - Wikipedia

    en.wikipedia.org/wiki/FAFSA

    Direct Subsidized Loans have fixed interest rates for the life-time of the loan. The interest rates for new loans are set yearly by the U.S. Congress. Federal Direct Unsubsidized Loan - Part of the Federal Direct Student Loan Program, Federal Direct Unsubsidized Loans are not need-based, meaning that nearly all students are eligible to receive ...

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