A deferment on a college loan means that _________ will pay it off.

Question

Quizplus · Accepted Answer

A deferment on a college loan means that the payments on the loan can be temporarily postponed or reduced, but the loan still needs to be paid off by the borrower. The borrower can begin paying at a later time, typically after a certain period of time or until they meet certain eligibility criteria. The federal government does offer some programs for loan deferment, but they do not pay off the loan entirely. The student's parents or relatives are not responsible for paying off the loan unless they co-signed for it. The loan will still need to be paid off eventually, so option D is not correct.

A Deferment on a College Loan Means That _________ Will