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.
Answer
A
Federal loans usually have a fixed interest rate.
B
Federal loans usually have a variable interest rate.
C
Federal loans are borrowed from the US government.
D
Federal loans are borrowed from banks or other private institutions.
E
Federal loans come in two main types—subsidized and unsubsidized.