Should you keep student loans around for the tax advantaged interest?

I've heard from several people that they only make the minimum payments on their student loans because they have tax advantages. Basically, the interest you pay on a student loan is tax deductible, so it lowers the amount of money you can be taxed on, therefore lowering your tax burden. Shouldn’t I just keep making the minimum payments so I can claim the interest on my taxes every year? Short answer: no. Long Answer…

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