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  2. How Restarting Student Loan Payments Will Benefit Your Taxes

    www.aol.com/restarting-student-loan-payments...

    Now that the student loan payment pause has come to an end, the reality of monthly student loan payments is sinking in. ... combined $1.6 trillion of Federal student loan debt, according to USA ...

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

    www.aol.com/reduce-taxes-tax-questions-answered...

    For tax year 2020 (filing in 2021), the student loan interest deduction was worth as much as $2,500 for a single filer, head of household or qualifying widow/widower with a MAGI of under $70,000 ...

  4. How Do I Find Out If My Student Loans Will Be Forgiven? - AOL

    www.aol.com/finance/student-loans-forgiven...

    Federal student loan payments will resume on Jan. 1, 2023. ... the first thing you should do is to verify your income — according to your 2020 and 2021 tax return filings — and make sure you ...

  5. Student Loans and Taxes: Financial Expert Gives Tips on ... - AOL

    www.aol.com/student-loans-taxes-financial-expert...

    To qualify for $0 monthly payments, borrowers must make less than around $30,000 a year, while individuals in families of four must make less than roughly $60,000, per the White House Fact Sheet ...

  6. Student loans in the United States - Wikipedia

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

    In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [ 1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...

  7. Federal Direct Student Loan Program - Wikipedia

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

    The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [ 1]

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