Refinancing and the Student Loan Interest Tax Deduction
For most borrowers, a student loan refinance will not change eligibility for the student loan interest tax deduction.
For most borrowers, a student loan refinance will not change eligibility for the student loan interest tax deduction.
Deciding between attacking student loans and investing in a Roth IRA usually comes down to interest rates and how much risk you can tolerate.
Using home equity to pay off student loans can work in some circumstances, but this strategy has major risks.
If you are not careful, cosigned student loans can make it harder to get a mortgage and impact the size of your mortgage.
In most cases an inheritance or gift won’t impact your monthly student loan payments, but there is at least one exception that could cause payments to go up.
Getting married impacts student loan payments on several different federal repayment plans. Couples have several options to get payments lowered back to normal.
Married couples on IDR plans need to carefully consider the pros and cons of filing taxes separately. It could mean a huge savings on your monthly student loan bill.
Student loan prepayment comes with many advantages, but there are a few downsides that borrowers should understand.
It is possible for student loan borrowers to have income excluded from their income-driven repayment plan calculations.