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

quiz\nquestion 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.

quiz\nquestion 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 under certain conditions like public service or income - driven repayment plans. Deferment periods are usually shorter than 5 years, federal loans typically have lower interest rates, and there's no general rule that principal can be paid down faster.

Answer:

You may qualify for loan forgiveness after you graduate.