Charde, who is single, had a student loan for qualified education expenses on which interest was due. For 2013, the total interest payments were $1,500. Assuming she has AGI under $60,000, how much may she deduct in arriving at adjusted gross income for 2013?

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Charde, who is single, had a student loan for qualified education expenses on which interest was due. For 2013, the total interest payments were $1,500. Assuming she has AGI under $60,000, how much may she deduct in arriving at adjusted gross income for 2013?