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Old 02-09-2008, 06:58 AM
maat55 maat55 is offline
$ Saving College Senior
 
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Until you can save more in taxes than you are paying in interest, there is no good tax deduction, only ones you take advantage of after taking a beating on the interest.

As far as SL's being good debt, thats only if the education you obtain provides a worthy income. Being debt free including the SL and house dispite their tax deductions is my preference.

I'd rather pay a little more tax than a lot more interest.
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