Eligibility for subsidized stafford loan

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Reference no: EM132046984

1. In a brief 1 to 2-page essay, decide whether you would be willing to pay $24,099 today in exchange for $100,000 in 30 years. What would be the key considerations in answering yes or no? Would your answer depend on who is making the promise to repay?

2. Eligibility for a subsidized Stafford loan is based on current financial need. However, both subsidized and unsubsidized Stafford loans are repaid out of future income. Given this, do you see a possible objection to having two types?

Reference no: EM132046984

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