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28 January, 21:38

Liam and Robert are discussing how they will pay for college. Liam says the interest rate on a student loan is higher than on other types of loans. Robert says work-study options are like loans because you have to pay the money back. Who is correct? Explain.

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  1. 28 January, 22:41
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    Liam and Robert are discussing how they will have money pay for college. Liam says the interest rate on a student loan is higher compared to other types of loans. This is not true. Student loans, whether p rivate or federal have lower fixed o variable interest rates than other loans.

    Robert, on the other hand, is correct in saying that work-study options are like loans because you have to pay the money back. A work-study program gives students a way to earn through part-time work. You get the financial aid and pay it not by money but through working.
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Home » Business » Liam and Robert are discussing how they will pay for college. Liam says the interest rate on a student loan is higher than on other types of loans. Robert says work-study options are like loans because you have to pay the money back.
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