student loan debt relief tax credit for tax year 2021
The federal government created the Public Service Loan Forgiveness PSLF program in 2007 as a response to the ongoing crisis 45 million borrowers. The federal government doesnt get much credit for its response to crisis situations but student loan borrowers have good reason to salute the feds for help in repaying their 17 trillion debt.
Can I Get A Student Loan Tax Deduction The Turbotax Blog
In 2022 Americans continue to be burdened by student loan debt.
. Among the class of 2020 55 of bachelors degree recipients took out student loans graduating with an average of 28400 in federal and private debtAnd 14 of parents with students in the class of 2019 the latest data available took out an average of 37200 in.
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