Student Loan Interest Reductions and Tax Deductions

Student Loan Interest Reductions and Tax Deductions

Student loan interest increased dramatically on July 1, however President Obama signed the Student Loan Certainty Act of 2013, which will roll back student loan interest rates to the lower interest rates charged prior to July 1st. The recent signing of the Student Loan Certainty Act of 2013 will help save millions of students (and parents) money, but how do you save money on student loan interest at tax time?

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