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  2. How To Get the Student Loan Interest Deduction - AOL

    www.aol.com/student-loan-interest-deduction...

    What is the income limit for the student loan interest deduction in 2024? Single filers can claim the full $2,500 with MAGI up to $80,000. Those who made between $80,000 and $95,000 can claim a ...

  3. Cheaper student-loan payments for millions of borrowers are ...

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

    Two other of Biden's major relief efforts have been improvements to Public Service Loan Forgiveness, or PSLF, which forgives student debt for government and nonprofit workers after 10 years of ...

  4. 6 Tips on Dealing With Student Loan Debt in Early 2025 - AOL

    www.aol.com/6-tips-dealing-student-loan...

    Student loan debt can quickly get out of hand if you're not careful. ... can also extend your repayment period to 20 or 25 years, with any remaining balance forgiven at the end of the term ...

  5. Student loan forbearance vs. deferment: Key differences and ...

    www.aol.com/finance/student-loan-forbearance-vs...

    Per the most recent figures from the Office of Federal Student Aid, over 50% of borrowers (25.5 million) have loans in forbearance as of September, 2022, with 2.8 million borrowers in deferment as ...

  6. Federal Direct Student Loan Program - Wikipedia

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

    In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

  7. Income-driven repayment - Wikipedia

    en.wikipedia.org/wiki/Income-driven_repayment

    A proposal to forgive loans Loan with a starting balance of $12,000 and after 10 years is blocked by a preliminary injunction. Under the proposal, one year of payments is required for every additional $1000 originally borrowed, up to a cap of 20 years for undergraduate and 25 years for graduate loans.

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