A student loan is money a person borrows in order to:A: purchase a new house.B: buy luxury goods.c. pay for college tuition.D. pay off existing debt.

Answers

Answer 1
A student loan is money a person borrows to pay for college tuition
Answer 2

A student loan is money a person borrows in order to pay for college tuition. Hence, option C is correct.

What is student loan?

A student loan is a loan that is given to students expressly to assist them in paying for higher education, like university. Typically, the loan is divided into two portions: one for maintenance fees and the other for tuition.

Yes, there is normal debt, albeit some lenders impose penalties for early repayment. Yes, there is student debt, and fortunately there are no early repayment fees. You should, however, consider whether it is worthwhile to pay off your debt early.

From the day the Student Loans Company sends your first payment to you, your university, or your college, interest is charged every day until your loan is fully repaid or cancelled.

Thus, option C is correct.

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Related Questions

The legal form of business ownership in which owners have limited personal accountability for the debts and dealings is a
Limited Liability Company
sole proprietorship
Partnership
Corporation

Answers

Answer:

Limited Liability Company

Explanation:

unlimited liability as it relates to sole proprietorships is the risk of loss of assets beyond the assets of the business.

Answers

The risk of loss of assets beyond the assets of the business is referred to as unlimited liability. It is one of the characteristics of a sole proprietorship.

A sole proprietorship is a form of business organisation is which only person owns the business.  

Characteristics of a sole proprietorship

it is owned by one personthe business has unlimited liability. It means that the owner of the business is liable to the liabilities her business.  the business usually lacks continuity. this type of business usually ceases to exist when the owner dies.

Advantages of sole proprietorship

It is easy to establish.  The business owner has complete control over the business.  

Disadvantages of sole proprietorship

The lifespan of the business is often limited to the lifespan of its owner. The owner has an unlimited liability.

A similar question was answered here: https://brainly.com/question/21297889

which country parades first during the olympics opening ceremony

Answers

Answer:

Greece always enters first.

The modern Olympic Games began in Athens in 1896. So Greece gets the honor of starting in the Parade of Nations.

what are the four invoices used in foreign trade?​

Answers

Explanation:

airway bill.

hope it helpful for you

the british economicst ______________ demonstrated in 1817 that even though one nation held an absolute advantage over another in the production of each of two different goods, international trade could still be a positive-sum game in which both countries benefit.

Answers

Answer:

David Ricardo

Explanation:

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