Question

Liam and Robert are discussing how they will pay for college. Liam says the interest rate on a student loan is higher than on other types of loans. Robert says work-study options are like loans because you have to pay the money back. Who is correct? Explain.

Answer 1

Answer:

Robert is correct because we have to pay the money back

Answer 2

Answer:

The correct answer is neither of them are correct because the interest rate on student loans is typically lower than on other types of loans and work-study is like a job; you work to earn money and you do not have to pay it back.

Explanation:

Edg 2020, just got it wrong and it said that this was the correct answer. Enjoy.