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Which statement best explains student loans that cover the costs of an education?
O They require the use of savings.
They require repayment with interest.
They depend on getting good grades.
They do not have to be paid back later.
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GinnyAnswer

Final answer:

Student loans for education require repayment with interest, providing financial assistance to students.


Explanation:

Student loans that cover the costs of an education typically require repayment with interest. These loans are designed to provide financial assistance to students by borrowing money that needs to be paid back after graduation. Federal student loans, such as Direct Loans, offer competitive fixed interest rates and certain benefits like not requiring a credit check or a cosigner.


Learn more about Student loans for education here:

https://brainly.com/question/38653283


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