In America, Fortune 500 companies have billions of dollars worth of tax deductions while Student Loan interest tax deduction for ordinary Americans is limited and given enough income eventually phased out.
Also Federal Student loan lending rates, especially for Parent PLUS loans, are between 6-8%.
This petition asks our government to remove the Student Loan interest tax deduction limits and phaseouts and to tie the current rates of federal student loan lending to the market based 30 year mortgage rates.