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found atio perso nal finance __ typically have lower interest rates than those offered by private lenders federal student toans grants

Question

FOUND ATIO PERSO NAL FINANCE __ typically have lower Interest rates than those offered by private lenders Federal student toans Grants Private student leans Assoclate degrees

Solution

Verificación de expertos
4.4 (335 Votos)
Orlando Mestre · Tutor por 5 anos

Resposta

The correct answer is 'Federal student loans'.

Explicação

## Step 1The question is asking which among the given options typically has lower interest rates than those offered by private lenders. The options are Federal student loans, Grants, Private student loans, and Associate degrees.## Step 2Federal student loans are loans provided by the federal government to students to help them pay for their education. These loans are known for their lower interest rates compared to private loans.## Step 3Grants are funds given to students to help them pay for their education, but they do not need to be repaid. Therefore, they do not have interest rates.## Step 4Private student loans are loans provided by private lenders, which often have higher interest rates than federal student loans.## Step 5Associate degrees are not a type of loan, but a type of degree. Therefore, they do not have interest rates.