An Act relative to graduate student loan deductions

This bill amends Massachusetts tax law to allow graduate students to deduct student loan interest from their state income taxes, a benefit previously available only to undergraduate borrowers. By adding the word "graduate" to the relevant tax code section, the legislation extends the existing deduction to anyone enrolled in a graduate program who pays interest on their loans. The change directly affects graduate students in Massachusetts who file state tax returns and wish to reduce their taxable income through this specific financial relief.