Since Not All Student Loans Are Issued at the Same

Since not all student loans are issued at the same interest rate over the course of a student's education year, once the student graduates and begins working and is starting to pay back the loans they should

A) defer payment as long as possible.
B) make only the minimum payments.
C) prioritize the loans from highest interest rate to lowest interest rate and use excess cash flow to make additional payments on the high rate loans.
D) pay all loans at an equal pace since they all count in your credit score.

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free