Question

Payments on many college loans are deferred which means ?

A you don't have to pay back the loan
B the Federal government pays the accumulated interest
C the payment start small and increase when u start full-time work
D you don't have to pay until you graduate

Answer 1

Deferred loans don't mean they are gone; the money borrowed is still owed, and the debt has to be repaid. Instead, what a deferred loan can do is provide a student or graduated borrower with a little breathing room before payments begin.