The document discusses 4 tax tricks to help save money on student loans: 1) The Student Loan Interest Deduction allows deduction of up to $2,500 per year of student loan interest paid. 2) The American Opportunity Credit is a tax credit of up to $2,500 per year for the first four years of school. 3) The Lifetime Learning Credit is a tax credit of up to $2,000 per year for any college tuition, fees, books, supplies and equipment. 4) The Tuition and Fees Deduction (expired in 2016) enabled deduction of up to $4,000 from taxable income for tuition and fees.