Sunday, January 18, 2015

Tax time is here!



It's getting to be that time of the year when you can begin filling out your tax return. Whether this is a good or bad time of year for you, your student loans will likely play a role in how much money you get back from (or, perhaps give to) Uncle Sam. 

If you've made payments on your student loans, the interest may be tax deducible. Here's a link to the IRS. Fun times. Now, if you are still in school, some of your educational expenses may be deductible. Go here for info. about deducting educational expenses. For married folk on IBR, you should also consider whether it is better to file singly or jointly. See this site for more info.


Thursday, January 1, 2015

2015: A New Year of Student Loans



I wish that my student loans had magically disappeared with 2014, but that would only happen if I was able to win the lottery. Not happening. A new year ushers in new changes and, sometimes, brand new regulations. Here are some student loan stories and topics that are relevant for 2015. 

1. 3 Student Loan Tips for Borrowers in 2015

2. Federal Student Loan Debt Tops 800 Billion  (bloody hell!)

3. (Potential) changes for 2015.