Phoebe takes out a student loan to afford college. She expects to get a job after college that provides enough income to pay off the loan. What risk does she also have to think about?
Answer
A
The lender could take away her diploma if she does not pay the loan.
B
The debt might make it harder for her to get other loans in the future.
C
She will have to work during college to afford her monthly payments.
D
She might lose her car to the lender if she cannot afford minimum payments.