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Business, 27.05.2020 20:05 sunshine52577oyeor9

One reason a student may seek a federal student loan instead of a private student loan is that

They are issued in cooperation with the student’s university to reduce costs and paperwork.
They have lower interest rates and can be paid back with lower out-of-pocket costs.
They are backed by the US government to ensure greater financial security.
They are available to any student who meets lending standards, regardless of financial need.

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One reason a student may seek a federal student loan instead of a private student loan is that
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