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Sen. Warnock Introduces Student Loan Marriage Penalty Elimination Act

Bailey Malota

WASHINGTON, March 27 -- Sen. Raphael G. Warnock, D-GA, has introduced the Student Loan Marriage Penalty Elimination Act, which aims to amend the Internal Revenue Code to allow married couples to apply the student loan interest deduction limitation separately to each spouse. This legislative effort seeks to alleviate the financial burden on couples who are managing student debt while navigating the complexities of tax deductions.

The bill addresses a significant issue faced by many . . .

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