<human>: Provide a brief overview of the text.

Here is my situation. I was left on my own at 18 to figure out "LIFE". At the time the hype was go to college get a degree and get a job. So, I took out a private student loan. After 4 years of college my private loan matured to be about 40k. I have a good stable job ~71k a year. I want to pay this loan off as fast as possible. I'm paying 2k against it every month. I do have a budget set up and have been making these payments religiously. Also, I pay whatever extra I may have at the end of the month into it.

I purchased a house last year for 80k. House valued at $87 at the time of purchase. Average house in the area is between 100k and 175k. I have added new HVAC, updated the electrical (new 200 amp breaker panel and GFI outlets etc), and updated the bathroom. I'm curious if all the upgrades would push my equity high enough to get a HELOC to cover my student loans.

If i tell my lender my plan (which they hold both my mortgage and my student loan) would they be willing to work with me a little more. Would it even be worth doing at the rate at which i'm paying on my loan. 

Also i was told the complete amount of interest on a HELOC is fully tax deductible while education is only deductible up to $2500.
<bot>: ( Paying 2k mo on a 40k student loan @ 10.04%, Should i get a HELOC to lower the rate and make the interest fully tax deductible)