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Can Schooling Costs Deduct From Your First $100K

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The Middle Class

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Let's say I spent $100,000 in schooling. Is the first hundred thousand that I earn miser able or not? Because I could only earn that hundred thousand dollars because I spent a hundred thousand to get that degree in order to make myself Let's say I take a student loan. That's not mice. You don't take mice off a student loan. No, it's a loan. It's not income. That's not income. Correct. So you get a student loan for a hundred thousand dollars and you spend it on your business or getting the job or To keep it simple, let's say for a degree. So now I have to pay back student loan debt for the first whatever amount of years till I pay it off. So that should come off the top, I think. I have I've never I haven't clarified this with the the big rabbis. Oh. But uh I'm assuming that could come off the top because you can only you only were able to earn that salary because you're Wow. >> because of your schooling.