Inasmuch as student loan debt is at historic levels and climbing, with no relief in sight, we call upon the President to encourage the passage of a bill to make the total amount of student loan payments -- interest as well as principal -- a tax credit. Failing that, a tax deduction as a qualified educational expense. At the very least, as a miscellaneous deduction (job expense) subject to the 2% rule. In no case should there be an arbitrary limit that is not income-sensitive.



