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Thread: It pays to be a student...
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Mar 31st, 2007 12:49 PM #1Cart-mod 2.0 Global Moderator
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It pays to be a student...
Tax returns... yeah... gotta love it...
But get this! My first year as a student, and it turns out that student loans are deductible... and guess what? I'm getting more than TWICE the money I've EVER gotten before... not only that, when I pay the loans back, the INTEREST is tax deductible... who'd of thought? Maybe the country's not too far gone to save...
How are YOUR tax adventures going?
Just thought I'd needlessly take up bandwidth to celebrate, since I'm getting over a grand back (which is a lot considering I'm dirt poor- and I've never gotten more than a few hundred...
)
-of course, let us not forget that the government is legally robbing us anyway... but still
"I was put on trial twice near Y2K for acting like Jesus and claiming to be the Messiah. Its not everyday that a man parks a Chariot of Fire in front of a tomb and stands against the US government with a bow and razor tipped arrows over his shoulder. I wore a suit of armor and was protected by an invisible bubble and my sharp tongue was more than the judicial system could handle."Jake
"The toilet is more than a throne. It is a sacred chamber."-Anton LaVey, High Priest of Satanism
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Mar 31st, 2007 1:30 PM #2reformed cigarette smoker Contributor
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Death is a boring dreary affair. I highly discourage it.
"I am now behave and polite..Please don't banned me anymore."Formerly JohnB1
www.jango.com (look me up)
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Mar 31st, 2007 11:54 PM #3
Isn't it great!!!
Last year I made somewhat decent money at my 'career' type job. It was entry level and I got all but $167 in deductions back; almost $4,000! I was smart about it and used it to pay off a small student loan I had with a bank and my credit cards that I used in emergencies and could never pay large amounts off before. I even had some to put in savings and go out for a nice dinner.
That's why I have no sympathy for whiners who went to university and racked up huge loans and can't pay them. Even if you make very little at a job you'll get enough to keep chipping away at your loans and pay a couple thousand to them at tax time.
I expect way more back next year as I'm making almost twice as much as last year and still have $17,000 in tuition to write off and I'll have about $2000 in interest this year.
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Apr 1st, 2007 2:12 PM #4Prepared survivor Seasoned Member
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I got paid £15 a week as EMA pay for being in Sixth Form. When I got the cash I though 'great stuff.' Getting paid to learn, does it get better than that?
United we stand, divided we fall.
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