11 Education Tax Credits and Deductions 2023

Education tax credits and deductions are available for college savings, current students, and college graduates.

Pink and white books with college graduation cap and lightbulbs
(Image credit: Getty Images)

It's not always easy to determine which education tax credits and deductions you qualify for, and you might not know about all the tax breaks available. In fact, you probably have more options for saving on college costs than you think. 

There are tax breaks for people saving for college, current students, and graduates who are paying off student loans

Taking advantage of these education tax credits and other education tax breaks may help you keep more of your money.

Katelyn Washington
Tax Writer

Katelyn has more than 6 years’ experience working in tax and finance. While she specializes in tax content, Katelyn has also written for digital publications on topics including insurance, retirement and financial planning and has had financial advice commissioned by national print publications. She believes that knowledge is the key to success and enjoys helping others reach their goals by providing content that educates and informs.