Question

what is one benefit of privately issued student loans?
○ 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.

Explanation:

Answer:

D. They are available to any student who meets lending standards, regardless of financial need.