Mortgage interest is deductible to $750,000 yet student loan interest is capped
Evidence
An easier change would be to increase the amount of interest that is deductible for student loan debt. If mortgage interest is allowed for up to $750,000 of debt, then we can certainly afford an unlimited deduction for student loan interest. — Dorothy A. Brown, The Whiteness of Wealth, 339
Categorization
- XREF: connects to: The rent-versus-own distinction exempts mortgage interest from the personal expense rule — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 179; The student loan interest deduction is capped and means-tested, unlike the mortgage deduction. — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 325; The $2,500 student loan cap denies a deduction to higher-debt black graduates — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 327
- yield-rescued: below the book’s yield-target cutoff, included anyway for connecting to: The rent-versus-own distinction exempts mortgage interest from the personal expense rule — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 179; The student loan interest deduction is capped and means-tested, unlike the mortgage deduction. — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 325; The $2,500 student loan cap denies a deduction to higher-debt black graduates — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 327