Answers 2026-2027 Personal Finance w Mrs. Roudybush Careers, Salaries, and Lifetime Income — Unit testQuestion 9

9

QuizMultiple Choice

Careers, Salaries, and Lifetime Income — Unit test

Question 9 • 2026-2027 Personal Finance w/ Mrs. Roudybush

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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