Q. Can her business pay her student loans?
A. No. As others have said, it's not a business expense. It also doesn't qualify as an educational fringe benefit, basically because her business has no other employees. For details on a qualified educational reimbursement plan, see:
https://www.irs.gov/newsroom/reminder-educational-assistance-programs-can-help-pay-workers-student-l...
and the contained link https://www.irs.gov/forms-pubs/about-publication-15-b
