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The interest rate for undergraduate federal student loans disbursed between July 1, 2025 and June 30, 2026 will be 6.39%, ...
All new car and truck buyers who take out a car loan won't qualify for the tax deduction. Much will depend on your income, ...
Tax season can feel like a maze, and it’s easy to miss out on valuable deductions that could put more money back in your ...
A significant number of older Americans, many of whom are already navigating fixed incomes in retirement, are facing a new ...
Before you take an interest deduction against your business income ... unless the tax law specifically allows it, such as with student loan interest and the interest on loans you use for ...
With repayment strategies and resources to prevent your debt from spiraling out of control, managing your student loan ...
The auto loan interest deduction would be temporary under the ... a credit score that was dinged in 2025 by nonpayment of student loans. Credit scores for student loan borrowers started getting ...
New tax cuts. Massive spending on border security. Cuts to social safety net programs. Pullbacks on investments to fight climate change. New limits on student loans. If it becomes law, President ...
Inland Revenue said at the end of April there were 113,733 people with student loans believed to be based overseas. More than 70 percent were in default on their loans, owing $2.3 billion, of which ...
First off, the basics: you can deduct the lesser of $2,500 or the actual interest you paid on federal or private student loans used for higher education. The IRS says it's an "above-the-line ...