Are Refinanced Student Loans Tax Deductible?

As the old saying goes, “Nothing is certain but death and taxes.” However, millions of Americans may be eligible for a generous tax deduction on the interest paid on their student loans. The tax deduction applies to federal and private student loans, including refinanced student loans. However, not everyone will qualify.

Read on to learn if refinanced student loans are still tax deductible, the difference between tax deductions and credits, and scenarios where you …

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