Which expense incurred by Carol for her son Jack is not considered for the student loan interest deduction?

The expense incurred by Carol for her son Jack that is not considered for the student loan interest deduction is the fee for the non-accredited computer course. The student loan interest deduction is designed to assist borrowers in reducing their taxable income based on interest paid on qualified education loans. To qualify for the deduction, expenses must relate to higher education costs associated with an eligible institution.

Tuition fees and mandated fees at accredited colleges or universities typically qualify for education-related deductions, as they are recognized expenses for formal education. Similarly, transportation costs, such as a bus pass fee, can be valid indirectly related to attending school.

However, a non-accredited course fee does not meet the regulations set forth for the deduction, as the course is not associated with an officially recognized institution that participates in student loan programs. Therefore, expenses related to that non-accredited course are excluded from the deduction, making it the correct answer in this scenario.