Who Is Responsible for Paying Off a Deferment on a College

question 184

Multiple Choice

Who is responsible for paying off a deferment on a college loan?

• A) the federal government
• B) the student's parents or relatives
• C) the student at a later date
• D) It will not have to be paid off at all.

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Definitions:

Federal Law

Legislation passed by the United States Congress that applies throughout the country, overriding state laws when there is a conflict.

Fair Housing Act

U.S. federal law that prohibits discrimination in the buying, selling, renting, or financing of housing based on race, religion, national origin, sex, disability, and family status.

Prospective Tenant

A person or entity that may potentially enter into a lease agreement to rent a property.

Definite-Term Lease

A type of lease that expires at the end of a specified term.