Student loan-backed securities are backed by federally guaranteed and private student loans and involve three periods with respect to the borrower's payments: deferment period, grace period, and loan repayment period.

Question

Quizplus · Accepted Answer

Student loan-backed securities are indeed backed by both federally guaranteed and private student loans, and typically involve three different periods of time in relation to the borrower's payments: deferment, grace, and repayment.

Student Loan-Backed Securities Are Backed by Federally Guaranteed and Private