Refinancing while the Education loan Interest Income tax Deduction
For many consumers, an educatonal loan refinance cannot transform qualifications to your pupil loan attract tax deduction.
Education loan refinancing shall be a dramatic change to your scholar funds. Of several borrowers fear you to definitely a student-based loan refinance you can expect to mean the newest end of education loan desire income tax deduction.
Refinancing results in an alternative financial, brand new interest rate, and you may the newest payment.
Fortunately to possess consumers, in most cases, refinancing will not change the student loan notice deduction. Continue reading