8.9k views
3 votes
Jonelle selects a student loan repayment plan with a 20-year term. One
downside is

1 Answer

4 votes
1) the possibility of missing a payment and receiving interest
2) you cannot always plan ahead if you will have the money to pay off this plan
3) a lot of times you end up paying more over time than if you were to pay upfront
User Blackdog
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