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QuizMultiple Choice

Employment and Education

Question 1 of 10 • ***CPS Online Personal Finance fall – 3-2027

What is one benefit of privately issued student loans?

Answer
A
They are issued in cooperation with the student’s university to reduce costs and paperwork.
B
They have lower interest rates and can be paid back with lower out-of-pocket costs.
C
They are backed by the US government to ensure greater financial security.
D
They are available to any student who meets lending standards, regardless of financial need.
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