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Government Financial-Backing Has Pros and Cons?

Updated: 9/16/2019
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12y ago

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Student loans subsidized by the federal government provide a way for many students and their families to fund a college education. Even for people who have access to a prepaid college account, scholarship and grant opportunities, a loan is often still necessary to pay for other college expenses, such as room and board, textbooks and daily living expenses. Although student loans provide a benefit, people should know that these borrowed funds eventually must be repaid with interest.

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12y ago
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Q: Government Financial-Backing Has Pros and Cons?
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