Itzxvictorious
Answered

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LUCA makes $58,000 per year, is single, and lives in Seattle, WA. He has $27,000 in Direct Unsubsidized federal loans, but he’s got another $62,000 in private student loans and lives in an expensive neighborhood, so his rent is high. He’s hoping to keep his Federal student loan payments to less than $200 per month for the first few years so that his budget will work out.
What is a potential downside of Luca’s taking this loan repayment plan that works in his budget right now?

Sagot :

Answer:

sorry man, im not too good in business

Explanation:
that the bank will start up charging him more interest over time for all the choice of expenses as he has his expensive rent and his private student loans.
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