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The Student Loan

Crystal Said:

What year was the student loan introduced?

We Answered:

1990 was the year the company was set up and it lent around 160 million in it's first year.

Joyce Said:

Can student loan interest be used as a tax deduction if the loans are in deferment/forbearance?

We Answered:

No, you can only deduct the interest when you actually pay it, not when it accrues

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