Question

Which of these is the main advantage of student loans?

(1 point)
Responses

You don’t have to pay back the money.
You don’t have to pay back the money.

They are only available to the military.
They are only available to the military.

You receive help finding a job near campus.
You receive help finding a job near campus.

You receive the money upfront to cover your expenses.

Answer 1

You receive the money upfront to cover your expenses.

(Unlike grants/scholarships, loans must be repaid, but they provide immediate funding for tuition and living costs.)