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Archive for April 14th, 2010


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I really want to pay off my student loan debt – but is it better to draw it out over 30 years for tax purposes

Jes222 asked:


I have the financial ability to pay off my six figure law school loans within five years. I **** debt and want to pay it off quickly. However, I’ve been advised to draw it out over 30 years for the tax deduction. Is that really that much better?

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