Repayment of a student loan does not begin until the borrower's education is:
ACostlier
BCombined
CConfirmed
DComplete
Answer & Solution
Correct answer: D. Complete
1. These loans are designed around a student with no income yet.
2. Payments are held back until earning becomes possible.
3. So repayment starts once the education is complete.
_Source: OpenStax Principles of Finance 2e, Chapter 8, Time Value of Money II._
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