Noel and Noelle are thriving young professionals. Noel earns $75,000 as a financial planner and Noelle earns $85,000 as an occupational therapist. They have no children. Both Noel and Noelle are covered by an employer sponsored retirement plan. They each contribute $5,500 to a traditional IRA for 2018 (total contribution of $11,000). Noelle also paid $3,500 in student loan interest during 2018. They are married and file a joint return. What is Noels and Noelles student loan interest deduction?

a. $3,500

b. $2,500

c. $2,000

d. $417