question 2 of 6\nwhat is the main benefit of taking out a federal student loan instead of a private…

question 2 of 6\nwhat is the main benefit of taking out a federal student loan instead of a private loan?\nselect a response.\nyou can defer paying your loan until 5 years after graduation.\nyou may qualify for loan forgiveness after you graduate.\nyou will have a higher interest rate for a federal student loan.\nyou can pay the principal down faster on a federal student loan.

question 2 of 6\nwhat is the main benefit of taking out a federal student loan instead of a private loan?\nselect a response.\nyou can defer paying your loan until 5 years after graduation.\nyou may qualify for loan forgiveness after you graduate.\nyou will have a higher interest rate for a federal student loan.\nyou can pay the principal down faster on a federal student loan.

Answer

Brief Explanations:

Federal student loans often offer loan - forgiveness programs based on public service or income - driven repayment plans after graduation, which is not as common in private loans. Deferment periods are usually not 5 years after graduation for federal loans. Federal student loans typically have lower interest rates than private loans, and there's no general rule that principal can be paid down faster on federal loans.

Answer:

You may qualify for loan forgiveness after you graduate.