Payments on many college loans are deferred which means?

A you don't have to pay back the loan

B the Federal government pays the accumulated interest

C the payment start small and increase when u start full-time work

D you don't have to pay until you graduate

Question

Social Studies

Abbie Knox

31 December, 00:02

Payments on many college loans are deferred which means?

A you don't have to pay back the loan

B the Federal government pays the accumulated interest

C the payment start small and increase when u start full-time work

D you don't have to pay until you graduate

+4

Answers (1)

Know the Answer?

Jordan Griffin · Answer 1

Deferred loans don't mean they are gone; the money borrowed is still owed, and the debt has to be repaid. Instead, what a deferred loan can do is provide a student or graduated borrower with a little breathing room before payments begin.

Payments on many college loans are deferred which means?A you don't have to pay back the loanB the Federal government pays the accumulated interestC the payment start small and increase when u start full-time workD you don't have to pay until you graduate

Payments on many college loans are deferred which means?

A you don't have to pay back the loan

B the Federal government pays the accumulated interest

C the payment start small and increase when u start full-time work

D you don't have to pay until you graduate