Question

Which of the following statements about student loans is not true?

A) If you don't complete your education, you will not have to pay back your student loan.
B) A school's financial aid office is one of the best sources of information on student loans.
C) Both the federal government and financial institutions participate in the student loan program.
D) Interest is often deferred and there are some tax savings on the interest paid on student loans.

Answer 1

The statement (A) If you don't complete your education, you will not have to pay back your student loan is not true.

Step-by-step explanation:

The statement (A) If you don't complete your education, you will not have to pay back your student loan is not true. Whether or not you complete your education, you are still required to repay your student loan. Dropping out of school or not completing your education does not absolve you of this responsibility.