The interest rates would be a little less awful if more of us could deduct the interest. I don't understand how the gov't can get rid of estate taxes without thinking of all of us without estates! You go back to school to earn more money (eventually) -- so what does the government do? They punish you by taking away the interest deduction of you make "too much" money. I know, I know...we would just waste the money on food, clothing and shelter.
