Question

Which of the following is true about the interest rate of a Direct PLUS Loan?

A. The interest rate adjusts a bit lower every year.

B. The interest rate adjusts a bit higher every year.

C. The interest rate is lower early in the term of the loan but higher
later on.

D. The interest rate is fixed.​

Answer 1

D. The interest rate is fixed.​

Step-by-step explanation:

Just did the quiz

Answer 2

Which of the following is true about the interest rate of a Direct PLUS Loan?

The interest rate is fixed.​

Step-by-step explanation:

The interest rate is fixed which makes it to be an interest rate of a DIRECT PLUS loan