Regarding student loans,which of the following is not true?
A) They are available for both undergraduate and graduate students.
B) Applications can be filled out on the Internet.
C) There is no limit on how much can be borrowed.
D) There is no limit on the number of loans one can have.
E) Interest may be tax deductible.

Question

Quizplus · Accepted Answer

There is a limit on how much can be borrowed for both federal and private student loans. The limit varies depending on the type of loan and the student's academic level.

Regarding Student Loans,which of the Following Is Not True