The maximum amount of the deduction for student loan interest for an eligible taxpayer is limited in the 2017 tax year to:

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The maximum amount of the deduction for student loan interest in the 2017 tax year is limited to $2,500. This deduction is available for taxpayers with modified adjusted gross income (MAGI) below $80,000 for single filers or $165,000 for joint filers. The deduction gradually decreases for taxpayers with MAGI between $65,000 and $80,000 for single filers or between $135,000 and $165,000 for joint filers.

The Maximum Amount of the Deduction for Student Loan Interest