Tax Question: re: Student Loan Payments

[Zag Nutz]

The payment itself will not be tax deductible, you're right.

If you need to get a loan, and you own a home you could get a home equity loan and the interest on that would likely be tax deductible.

I think you have to pay off the 9% loan, and then make a decision on the 4.75%. If you are going to be diligent about investing then I think you let that one go as long as possible. Dave Ramsey and others would tell most people to knock out the debt first because most people are not diligent investors.