For which of the following loans are the student's parents liable to repay?
A)Federal PLUS loans.
B)State PLUS loans.
C)Stafford loans.
D)All of the above.
E)None of the above.

Question

Quizplus · Accepted Answer

Federal PLUS loans are taken out by parents on behalf of their dependent undergraduate student, meaning that the parents are responsible for repaying the loan. State PLUS loans are also taken out by parents, but only in certain states, and Stafford loans are solely the responsibility of the student. Therefore, the correct answer is A) Federal PLUS loans.

For Which of the Following Loans Are the Student's Parents