Something is afoot in the Nation’s Capital. After failing to repeal the Affordable Care Act, the Republican controlled Senate and House of Representatives have their sights set upon Tax Reform. With it, a slew of tax deductions have been proposed for extinction. The House and Senate versions of the most recent tax bill include eliminating the incredibly stringent studentloan interest deduction made possible by Section 221. There is no better time to talk about the history and requirements of Section 221, those who qualify for the deduction, and why the law is in need of reform.