MA H3035

Expands Massachusetts state tax deductions to include graduate education debt, adding it to existing deductions for undergraduate and two-year college loan payments

Defines "graduate education debt" as loans administered by financial aid offices of non-profit institutions offering graduate or professional degree programs

Covers loans obtained through state student loan programs, federal student loan programs, or commercial lenders

Requires loans to have been used solely for tuition and expenses directly related to graduate or professional student enrollment

Applies to both taxpayers and their dependents enrolled in qualifying graduate or professional degree programs