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Students Breathe Easy on Tax Bill but Other Battles Loom

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College students and people with education debt can breathe a sigh of relief, mostly: The tax bill now being sent to President Trump preserves the student loan interest deduction and does not include a provision that would have taxed graduate student tuition waivers.

“I think that students and families really did dodge a bullet,” says Steven Bloom, director of government relations at the American Council on Education, which represents college and university presidents. “The final tax bill is, thankfully, a lot better...

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