Employment and Education

Question 1

Which statements accurately describe federal student loans? Choose all that apply.Federal loans usually have a fixed interest rate.Federal loans usually have a variable interest rate.Federal loans are borrowed from the US government.Federal loans are borrowed from banks or other private institutions.Federal loans come in two main types—subsidized and unsubsidized.

Revolt · Accepted Answer

Federal loans usually have a variable interest rate.

Question 2

Subsidized✔ UnsubsidizedPrivate

Revolt · Accepted Answer

✔ Unsubsidized

Question 3

✔ subsidizedunsubsidizedprivate

Revolt · Accepted Answer

✔ subsidized

Question 4

[___] loans have variable interest rates and are usually borrowed from a bank.

Revolt · Accepted Answer

Private; loans have variable interest rates and are usually borrowed from a bank.: Private; Loans that do not require students to pay interest while in college are loans.: subsidized; loans are federal loans that require students to pay interest while in college.: Unsubsidized; If a student demonstrates financial need, they may be awarded a loan.: subsidized

Question 5

✔ subsidizedunsubsidizedprivate

Revolt · Accepted Answer

✔ subsidized

Employment and Education Answers

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