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TopicPolitics Containment Topic 286: God Save the Hydroxychloroquine
red sox 777
03/25/20 2:55:48 AM
#291:


Oh right. I also want to take this opportunity to point out that for people making more than like 80k, student loan interest is not deductible. I always thought this was absurd - if a company paid for an employee to go to school, the company could deduct that expense from its income. But a student can't deduct interest for loans he took out that got him a job? Really, it would be fair if students could deduct both the interest and the principal, as well as tuition they paid out of pocket, as a business expense.

Generally I don't think the student loan situation is at all unfair to students, and actually income-based repayment is great for students. The problem is with the high tuition. But this tax treatment always felt weird.

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