Back To School Myths: The Student Loan Interest Deduction Is Gone.

The author discusses the myths prevalent with regard to the back to school market in U.S. and outlines the truth. She discusses and breaks a common myth on the non-existence of deduction for student loan interest by highlighting the matter of deductions to have remained in place in accordance to the final version of the Tax Cuts and Jobs Act of 2017. She also offers insights with regard to student loans being tax deductable.