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Does anyone know if there's a tax advantage to having an employer structure part of your pay as 'student loan repayment'? I know there's not much of a deduction if I pay them off myself (none, actually). If my employer is going to pay me a set salary either way, and I know that most of the salary is going towards student loans, do I get to keep more of my paycheck my employer agrees to call the salary student loan repayment and pays it to my lender directly? Or is all subjected to the same taxes either way?