All the STUDENT loan interest received by lender should be refunded as a full tax refund, through IRS on top of all other deductions. On top of the lazy $2000 deduction too!
A full STUDENT loan refund would reduce the student loan principal by 10% every year. This would reduce monthly payments. This would reduce student loan defaults. In five years every student will be debt free.
This bill would be equivalent to receiving a tax refund for two child dependents. Which is around $5000-$6000 average.