QUESTION IMAGE
Question
a student is accepted to a well - respected, but expensive, university. attending the university will require the student to take out a large student loan. what is an e
a. improved personal credit score
b. guaranteed post - college employment
c. reduced federal income tax burden
d. greater lifetime earning potential
Brief Explanations
To determine the answer, we analyze each option:
- Option A: Taking a student loan doesn't directly improve a personal credit score; in fact, mismanaging it can harm it.
- Option B: Attending an expensive university doesn't guarantee post - college employment.
- Option C: Student loans don't lead to a reduced federal income tax burden.
- Option D: A well - respected university education often leads to better job opportunities and thus greater lifetime earning potential, which is a common economic benefit of higher education.
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D. greater lifetime earning potential