Here's What SAVE Borrowers Should Do by Aug. 1
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Following the passage of President Trump's sweeping budget bill, here's some of the biggest changes to student loans.
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Students logging into their student loan servicer accounts may not be able to see their progress in loan forgiveness payments after the Department of Education stalled payment counts.
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The College Investor on MSNStudent Loan Interest Deduction ExplainedKey Points ・The student loan interest deduction can reduce your taxable income by up to $2,500 per year. ・You do not need to itemize deductions to claim it, but income limits apply. ・Many borrowers save $200 to $500 per year depending on their tax bracket and interest paid.
Taxpayers will see a number of new credits and deductions when they file their taxes in 2026. Here's when other "big beautiful" bill provisions go into effect.