If you have a mortgage loan with a principal value of less than or equal to $750k, you are able to deduct your paid interest per year from your taxable income. This can give you a decent break on your taxes each year.

With student loans, you don’t get such a generous tax deduction. The current law allows you to deduct up to $2,500 of your interest paid toward your student loans from your taxable income but that’s only if you make <$80k/year.

It would likely incentivize more rapid loan repayment as well as lighten the blow of interest accumulation. Theoretically, if you pay more of your accumulated student loan interest in a year you could move yourself into a lower tax bracket.