Student Loan Deduction Act of 2025
A BILL
To amend the Food and Nutrition Act of 2008 to allow for deductions of student loan payments from income.
Sec. 2 Deduction for student loan payments
“(7) Deduction for student loan payments
“(A) Definition of student loan—In this paragraph, the term student loan means any of the following:
“(i) A loan that is made, insured, or guaranteed under title IV of the Higher Education Act of 1965 (20 U.S.C. 1070 et seq.).
“(ii) A private education loan (as defined in section 140(a) of the Truth in Lending Act (15 U.S.C. 1650(a))).
“(B) Deduction—Beginning 180 days after the date of enactment of this paragraph, a household shall be entitled, at certification or recertification, as applicable, with respect to expenses other than expenses paid on behalf of the household by a third party, to a deduction for the amount of monthly payments made by a household member on a student loan of that household member or any other household member.”