What is student loan interest and is that different from a student loan?
A student loan is an amount given to you- for example, $10,000 and there would be an interest rate - for example, 5%. Every year you'd be paying interest on the loan so whatever that amount would be in that specific year will be what you enter on your tax return. You would get a paper from whoever gave you the loan to tell you how much interest you have paid and that would be the amount you would enter.
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