<prompt> Human: 150k student debt at around 6.5 interest Planning to pay off 70k this year..Then someone tells me thats great also because Id save money in tax deductions from paying off the loansHow much would I save?If I make 135k a year gross, instead of bringing home 67-69 of it after income tax, would would it be with loan repayment tax deduction?Thanks!Assistant: You dont get a tax deduction for paying off your loans. You get a tax deduction for paying student loan interest.Human: Soo..If my principle is 150k, and i paid off the 10k additional interest already. How much in tax deductions is that that I saved thus far?And do I get this tax deduction as a check ? Sorry Im pretty clueless  <response>: Thats interest saved. Its not a tax deduction. 