Lionel is an unmarried law student at State University Law School, a qualified educational institution. This year Lionel borrowed $32,500 from County Bank and paid interest of $1,950. Lionel used the loan proceeds to pay his law school tuition. Calculate the amounts Lionel can deduct for higher education expense and interest on higher-education loans under the following circumstances:

A. Lionel's AGI before deducting interest on higher-education loans is $50,000

Higher Education expenses	??
Interest deduction	$1,950

B.

Lionel's AGI before deducting interest on higher-education loans is $79,000

Higher Education expenses	??
Interest deduction	$780

C.

Lionel's AGI before deducting interest on higher-education loans is $90,000

Higher Education expenses	??
Interest deduction	$0