Register
Why do some students take out private loans when they are eligible for Federal student loans at much lower interest rates? A. Private loans have much lower fees. B. They are probably not aware of the rate
61.0k views
2 votes
Why do some students take out private loans when they are eligible for Federal student loans at much lower interest rates?

A. Private loans have much lower fees.
B. They are probably not aware of the rate difference and of their eligibility for the Federal loans.
C. Private loans don't have to be repaid for 10 years.
D. Private loans favor students with very low incomes.

User SilentKnight
by
5.9k points

1 Answer

4 votes

Answer:

B. They are probably not aware of the rate difference and of their eligibility for the Federal loans.

Step-by-step explanation:

User Tim Lloyd
by
6.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.7m answers

Other Questions

One reason that businesses want to combine with other businesses is to A. avoid taxes. B. delay expenses. C. hire more workers. D. reduce expenses.
Which of the following possesses the sole power to create revenue bills?
Which of the following is an example of a fixed expense? A.) Clothing B.) Rent C.) Food D.) Entertainment
A ______ is "the basic interpretive mechanism to let people know what an organization is doing and are sent out to editors and reporters in hopes of stimulating favorable stories about their organizations"
All of the following are fees typically charged by credit card companies EXCEPT: A. Late payment fee B. Balance Transfer fee C. Annual membership fee D. Reload fee
Link Copied!