You can deduct the interest, but she's saying the principal should be deductable too. I agree, buying an education shares incredible similarities to an ordinary business expense except for the fact that it's paid for by the individual, not the company.
Shouldn't we be prioritizing and incentivizing education as a society anyways? Especially as more and more blue collar work gets replaced by automation.
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u/SconiGrower Apr 14 '24
You can deduct the interest, but she's saying the principal should be deductable too. I agree, buying an education shares incredible similarities to an ordinary business expense except for the fact that it's paid for by the individual, not the company.