True or False? Delbert came to the U.S. in 2008 for postgraduate study. He borrowed $1,500 from the college credit union for his last semester's fees and books. Delbert graduated in December 2010, but remained in the U.S. for one year of practical training. He began repaying the loan on July 1, 2011 and paid $45 in interest during 2011. Delbert can claim this interest as a deduction.