When you have $300K to pay off student loans, there’s a big difference between personal loans and the traditional, conventional mortgage.

In this case, the difference is that the federal government and the state governments of Arizona and Utah are going to be the ones to make the payments.According to a memo from the Secretary of Housing and Urban Development, the federal loans, or TARP, will cover 90 percent of the costs, while the state loans…

Tucson’s personal loan deduction could cost state $6 million in 2018

TUCSON, Ariz.(AP) A state official says Arizona’s tax deduction for personal loans could cost taxpayers more than $6.4 million in the 2018-19 tax year, including interest payments on personal loans.The Legislative Analyst’s Office says the deduction could raise an estimated $2.4 billion in revenue in 2018-2019.State officials are trying to reduce the number of people…