All those borrowing money to pay for education after secondary school are being seriously cheated. People borrowing for a business loan can take the repayment of capital as well as interest off tax but students can only deduct interest. This is unfair - loans should come from money raised in tax-free municipal bonds. Interest then can be low - and all debt payed back through the IRS - so all debt would be paid. NOW IT IS HELL AND UNFAIR.
Why is this important?
I HAVE A GRANDDAUGHTER WHO IS BEING CRUCIFIED BY THIS SYSTEM