Which of the following statements about student loans is not true?
A) If you don't complete your education, you will not have to pay back your student loan.
B) A school's financial aid office is a good source of information on student loans.
C) Both the federal government and financial institutions participate in the student loan program.
D) Interest is often deferred and there can be tax savings on the interest paid on student loans.
Correct Answer:
Verified
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