Which of the Following Statements About Student Loans Is Not

question 7

Multiple Choice

Which of the following statements about student loans is not true?

• A)If you don't complete your education,you will not have to pay back your student loan.
• B)A school's financial aid office is one of the best sources of information on student loans.
• C)Both the federal government and financial institutions participate in the student loan program.
• D)Interest is often deferred and there are some tax savings on the interest paid on student loans.

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Definitions:

Antitrust Analysis

The examination of business practices and their impact on market competition, often to determine if they comply with antitrust laws.

Restrain Trade

Practices or agreements that restrict competition, often considered illegal under antitrust laws.

Conspiracy

An agreement between two or more parties to commit an illegal act or to use illegal means to achieve a legal end.

Interindustry Competition

Refers to competition between firms in different industries vying for the same set of customers, often through substitution of products or services.