Which of the following is a true statement about student loans?

Question

Quizplus · Accepted Answer

Interest payments on student loans are often deferred until after the student graduates and enters the workforce. This allows students to focus on their studies without being burdened by the additional expense of interest payments. However, it is important to note that not all student loans have this feature, so it is important for students to carefully read the terms and conditions of any loans they may be considering. Furthermore, interest paid on student loans is not tax-free for all income levels – it may be deductible for some taxpayers, but not for others, depending on their income and other factors.

Which of the Following Is a True Statement About Student