Can you claim your 2006 taxes that the govt took for student loans on your 2007 return as a deduction?
November 28, 2008 | 8 Comments
~*~*Jen~*~*~ asked:
I had defaulted student loans in 2006 so the govt took my whole refund in order to help pay off my student loans. Well my loans are no longer in default and I know there’s a place for student loan interest to be taken off of your AGI but I wasn’t sure if I could claim this amount or not. I know the money that I have paid off to get them out of default I can claim but I’m wondering about the money that the govt took.
I had defaulted student loans in 2006 so the govt took my whole refund in order to help pay off my student loans. Well my loans are no longer in default and I know there’s a place for student loan interest to be taken off of your AGI but I wasn’t sure if I could claim this amount or not. I know the money that I have paid off to get them out of default I can claim but I’m wondering about the money that the govt took.
And if so where could I find some info on this subject, I’ve looked high and low and the irs. gov website doesn’t really give you a clear defition of what counts and what doesnt.
What are your thoughts on student loans vs. working so that you can pay as you go through college?
November 27, 2008 | 4 Comments
cardtapper asked:
I am meeting more and more young people who are getting both their undergraduate degrees and Master’s degrees by taking out student loans. They graduate with lots of debt. Is this the usual thing now-a-days? Do you think it is possible to work and pay as you go?
To those of you who are researching loan info: I’m not looking for financing for school. I am asking for your opinion/experience regarding working your way through school vs. taking out loans and ending up with debt.
I am meeting more and more young people who are getting both their undergraduate degrees and Master’s degrees by taking out student loans. They graduate with lots of debt. Is this the usual thing now-a-days? Do you think it is possible to work and pay as you go?
To those of you who are researching loan info: I’m not looking for financing for school. I am asking for your opinion/experience regarding working your way through school vs. taking out loans and ending up with debt.
Is online schooling eligible for student loans and grants?
November 27, 2008 | 3 Comments
JayDeezMom asked:
I am interested in taking some business/computer/communications courses and would like to do it online, but I am not sure if student loans and grants will help pay for these.
I am interested in taking some business/computer/communications courses and would like to do it online, but I am not sure if student loans and grants will help pay for these.