Shellie, a Single Individual, Received Her Bachelor's Degree in 2013

Shellie, a single individual, received her Bachelor's degree in 2013, and took a job with a salary of $45,000 per year. In 2014, she began paying interest on qualified education loans. She was able to pay $1,500 in 2014. Which of the following statements is not correct?

A) The full $1,500 is deductible in arriving at adjusted gross income (AGI) .
B) If her payment had been $3,000, only $2,500 would have been deductible in arriving at AGI and the $500 excess would have been treated as nondeductible consumer interest.
C) If her income had been $80,000, the deductible amount would have been phased out.
D) Taxpayers are not allowed a deduction for education loan interest in 2014.