Petition updateMake ALL student loan interest tax deductible - Remove the $2,500 capA brief history of the student loan interest tax deduction
Taylor PalumboSeattle, WA, United States
Jan 13, 2021
The interest cap by year:
1998 - $1,000
1999 - $1,500
2000 - $2,000
2001 - $2,500
The cap has not gone up since 2000-2001. At the rate it was increasing, the cap should be about $12,000 today.
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