Student Loan Interest Deduction

Straight-up, jargon-free advice on personal finance for those made nauseous by the phrase "personal finance." What the hell's a stock? A bond? A mutual fund? And why do I need to know? Is it better to start investing, or pay off that lingering credit card balance? Should I borrow money to buy a bungalow? A Jaguar? A jalopy? How? What's so great about compound interest anyway? Is the price of this book tax-deductible? "The Green Magazine Guide to Personal Finance answers these questions and provides savvy, sensible money advice for anyone who doesn't want to wade through lots of b.s. Ken Kurson, editor of the critically acclaimed "Green magazine, demystifies all types of personal financial matters--investing, retirement planning, credit card debt, student loans, first-time home buying, insurance, taxes--as well as providing valuable information on learning to live within your means, dealing with deadbeat roommates or spendthrift boyfriends, and putting on a cheap wedding. Ken Kurson's engaging yet always pragmatic money-speak is enlivened with real-life examples, pie charts, comics, and dead-on humor. His advice doesn't always sound like Dad's, but it's every bit as solid. The "Green Magazine Guide is the only book that speaks to all those who are cynical, intimidated, or simply flummoxed about money matters.

Interest-only loan - An interest-only loan is a loan in which for a set term the borrower pays only the interest on the capital; the capital remains owing. At the end of the term the borrower may renew the interest-only mortgage, repay the capital, or (with some lenders) convert the loan to a principal and interest payment loan at his option.

Student loan - Student loans are loans offered to students to assist in payment of the costs of professional education. These loans usually carry lower interests than other loans, and are usually issued by the government.

Fixed interest - A fixed interest rate loan is a loan where the interest rate doesn't fluctuate over the life of the loan. This allows the borrower to accurately predict their future payments.

Student unionism in Australia - All major Australian universities have one or more student organisations, known variously as student associations, student guilds, student unions, or student representative councils. These student-run bodies provide many services, typically including refectories and bookshops, student media and publications, academic rights advocacy, support for a variety of social, arts, political, recreational, special interest and sporting clubs and societies, and political advocacy for issues concerning students.

studentloaninterestdeduction

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