question 2 of 3\nwhat is the main benefit of taking out a federal student loan instead of a private…

question 2 of 3\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 under certain conditions like working in public service or specific fields for a set number of years, which is not commonly available with private loans. Deferment periods are usually not 5 years after graduation, federal loans typically have lower interest rates, 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.