Ask Question
21 February, 00:24

Liam and Robert are discussing how they will pay for college. Liam says the interest rate on a student loan is higher than on other types of loans. Robert says work-study options are like loans because you have to pay the money back. Who is correct? Explain.

+5
Answers (1)
  1. 21 February, 00:29
    0
    Liam and Robert are discussing how they will have money pay for college. Liam says the interest rate on a student loan is higher compared to other types of loans. This is not true. Student loans, whether p rivate or federal have lower fixed o variable interest rates than other loans.

    Robert, on the other hand, is correct in saying that work-study options are like loans because you have to pay the money back. A work-study program gives students a way to earn through part-time work. You get the financial aid and pay it not by money but through working.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Liam and Robert are discussing how they will pay for college. Liam says the interest rate on a student loan is higher than on other types ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers