A project by a group of journalism students about the concerns of students regarding student loans and debt.

I am a college student and have $50,000 in private student loan debt. I recieved this money in a one year span and it came directly to me and then into my bank account. I use it for extra tuition fees, books,room & board, food, etc..
How does this effect me filing my taxes? Im still a dependent as Im 21 years old. But will this have any effect on me owing money (I filed for a tax extension by the way)? Thanks for the help!

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