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

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  3. How Can I Reduce My Taxes? Your Tax Questions, Answered - AOL

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    If you qualify for the full deduction, you deduct student loan interest up to $2,500 as long as you actually paid that much in interest. (You don’t need to itemize in order to get the deduction.)

  4. Americans Write Off the Most Taxes in These States - AOL

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    Common deductions include qualified mortgage interest payments, student loan interest, property taxes and other expenses. ... 2024 Study appeared first on SmartReads by SmartAsset.

  5. Higher education financing issues in the United States

    en.wikipedia.org/wiki/Higher_education_financing...

    Student loans totaled more than $1.3 trillion, averaging $25,000 each for 40 million debtors. The debtors average age was 33. Forty percent of the debt was owed by people 40 or older. [37] In a 2017 report by the National Center for Education Statistics, the researchers found that 27% of all student loans resulted in default within 12 years. [33]

  6. Tax Form 1098-E: How to Write Off Your Student Loan Interest

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  7. College tuition in the United States - Wikipedia

    en.wikipedia.org/wiki/College_tuition_in_the...

    A closely related issue is the increase in students borrowing to finance college education and the resulting in student loan debt. In the 1980s, federal student loans became the centerpiece of student aid received. [48] From 2006–2012, federal student loans more than doubled and outstanding student loan debt grew to $807 billion. [48]

  8. Many student loan borrowers are in for a big, bad surprise in ...

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    In 2019, about 10% of debtors had fallen into default within three years of starting repayment — down from years past but still vastly higher than the delinquency rates on mortgage or auto loans.

  9. 4 Ways To Find Tax Deductions That Work For You in 2024 - AOL

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    Medical expenses: You can claim a deduction for medical and dental expenses greater than 7.5% of your adjusted gross income if you itemize your deductions. Student loan interest: If you made ...

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