I was going to say that this would be another reason to try to buy a house, but it looks as though you don't even need to itemize to claim the deduction.

[link|http://www.irs.gov/taxtopics/tc456.html|IRS]:

Topic 456 - Student Loan Interest Deduction

You may be able to deduct up to $2,500 for interest you pay in 2004 on a qualified student loan. And, if your student loan is canceled, you may not have to include any amount in income.

The deduction is claimed as an adjustment to income so you do not need to itemize your deductions on Schedule A Form 1040 (PDF).


The devil, of course, is in the details of the loan...

It's not a lot, but every little bit helps.

Hang in there.

Cheers,
Scott.