I am a first generation American citizen. I put myself through undergrad and after applying to dental school and being accepted to NYU, took on student loans. Upon graduation I was required to complete a 1 year residency at which time the student loan interest began accruing.
I currently owe more than 400k in student loans. My monthly payments are 3500/month, or 50% of my take home income. Because I make more than 115k a year, I am not allowed to deduct any of the 28k in student loan interest I pay each year.


*from website*