ca4cd267_inancial_analysis_manual200405__Expense_Item
[Expense is Necessary:] If it is guaranteed by the federal government and only for the taxpayer's post-high school education. Taxpayers must substantiate that the payments are being made. Taxpayers who have student loan debt, but are unable to make payments on the debt because they are suffering an economic hardship or have medical problems, should be advised to request a deferment or forbearance of the student loan payments. The Installment Agreement (IA) amount will be established without allowing for a student loan payment. Taxpayers must be advised that if they later make arrangements to pay the student loan, they can request the installment agreement be revised. [Notes/Tips] Taxpayers with student loan debt, who have not yet made arrangements to repay the loan, should be allowed 10 days to set up a payment plan for the student loan and provide verification so the loan payment can be allowed. Additional time may be allowed if a taxpayer has extenuating circumstances. Taxpayers must be advised that if they do not respond by the due date, the IA amount will be established without allowing for a student loan payment. Taxpayers must also be advised that if they later make arrangements to pay the student loan, they can request the installment agreement be revised. [Expense Item] 
Student Loans
IRS financial analysis manual200405
Expense Item