Question

One reason a student may seek a federal student loan instead of a private student loan is that

CU
private loans carry a higher interest rate than federal loans.
federal loans are obtained by banks, while private loans are backed by the government
federal loans must be paid back more quickly than private loans.
private loans are only available to parents, while federal loans may be issued to the student.

Answer 1

A

Step-by-step explanation:

Answer 2

Step-by-step explanation:

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