Thread: Student loans
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  #18  
Old 12-03-2003, 03:26 PM
Eirene_DGP Eirene_DGP is offline
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Join Date: Aug 2001
Posts: 604
Re: Re: Actually you can deduct your interest...

Quote:
Originally posted by BetaRose
I believe that the person you are reffering to has already graduated, and is taking their income and choosing to invest it, rather than use it to increase the payments made on her student loans. That is completely legal. It also has no bearing on what loans current students are awarded.
Well, yes it is completely legal, BUT some loans like the loan/conditional grant for teachers allow so many people to take the money. So in essence, if someone who didn't need the money went ahead and took it, that could hinder others from receiving it as Discotish mentioned.
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