Hale has taken out about $10,000 in student loans to pay for culinary school. Which of the following statements is true?

Question

Group of answer choices

Hale will pay this money back with interest.

Hale will be able to pay the money back when able to do so.

Hale will not have to pay this money back in the future.

Hale will have to pay this money back all at one.

Answer 1

The true statement among the options provided is:

Hale will pay this money back with interest.

Student loans typically need to be paid back with interest over time, according to the terms of the loan agreement. The other statements are not accurate concerning standard procedures for student loans.