22. which of the following is the default federal student loan repayment plan college graduates are entered…

22. which of the following is the default federal student loan repayment plan college graduates are entered into, requires the same minimum payment for the life of the loan, and ensures the borrower will pay the loan in full in ten years?\nstandard repayment plan\ngraduated repayment plan\nextended repayment plan\nincome - driven repayment plan

22. which of the following is the default federal student loan repayment plan college graduates are entered into, requires the same minimum payment for the life of the loan, and ensures the borrower will pay the loan in full in ten years?\nstandard repayment plan\ngraduated repayment plan\nextended repayment plan\nincome - driven repayment plan

Answer

Brief Explanations:

The standard repayment plan is the default federal student - loan repayment plan for college graduates. It has a fixed minimum payment throughout the loan's life and aims to pay off the loan in full within ten years. Graduated repayment plan has payments that start low and increase over time. Extended repayment plan is for larger loans and has a longer repayment period than 10 years. Income - driven repayment plans base payments on the borrower's income.

Answer:

Standard repayment plan