Who is responsible for paying off a deferment on a college loan?
A) the federal government
B) the student's parents or relatives
C) the student at a later date
D) It will not have to be paid off at all.

Question

Quizplus · Accepted Answer

Deferment means that the repayment on the loan is postponed to a later date, but interest may still be accruing. Therefore, the responsibility of paying off the loan still falls on the student, just at a later time.

Who Is Responsible for Paying Off a Deferment on a College