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When was the last time you knew of somebody who took the student loan interest deduction? I'm still paying off my graduate degree loans and never once have my i
by lj3 9y ago
When was the last time you knew of somebody who took the student loan interest deduction? I'm still paying off my graduate degree loans and never once have my interest payments been larger than the standard deduction.
- compsciphd 9y agoreally? unless you live in a state without income tax / don't earn a tech oriented salary, in many states your state/local tax will be greater than the standard deduction. though that seems to be going the way of the dodo as well.
- sundaeofshock 9y agoMy wife takes this deduction every year. Most doctors in their 30s or 40s (depending on their specialty) take this deduction. You probably know lots of folks who take, but they never talk about it. I’m sure that will change soon.