Yes and not just one time during the lifetime of the loan. We’ve been paying back my husband’s law school loans (over $120k) for 17 years. We cannot deduct the interest paid on the loan from our taxes and we cannot refinance the loan to a lower rate, since my husband refinanced the loan 18 years ago. We still owe over $60k and the monthly payments are more than the mortgage on our home. The middle class is starting to struggle.