Student Loan Interest Deduction Explained: 2026 Rules for Students

Student Loan Interest Deduction Explained (2026 Rules for Students) The Student Loan Interest Deduction is a tax benefit that allows eligible students and graduates to deduct up to $2,500 of interest paid on qualified student loans each year. This deduction helps reduce taxable income and is especially valuable for borrowers who have recently entered the … Read more

5 Facts About the New 2026 Student Loan Repayment Assistance Plan (RAP)

5 Facts About the New 2026 Student Loan Repayment Assistance Plan (RAP) The 2026 Repayment Assistance Plan (RAP) is a new federal student loan repayment option designed to cap monthly payments between 1% and 10% of a borrower’s income while preventing unpaid interest from increasing the total loan balance. Starting July 1, 2026, the RAP … Read more