singt9onepawdy singt9onepawdy

08-05-2016
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Julie plans on taking out student loans to pursue her college education in teaching. Should Julie take out a private loan or a federal loan and why?

Select the best answer from the choices provided.

Aa federal loan because she may qualify for loan forgiveness
Ba private loan because she may qualify for loan forgiveness
Ca federal loan because her credit history will not be affected if she does not pay it back
Da private loan because she can qualify for deferment while she is a student

Verified Answer :

meerkat18 meerkat18

16-05-2016

The answer to this question is letter A.

Julie plans on taking out student loans to pursue her college education in teaching. Julie should take out a federal loan because federal loans are more forgiving than private loans. Therefore she should take a federal loan because she may qualify for loan forgiveness.

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