Page 85 - Book8E

4. You can repay a Stafford Loan using the graduated repayment plan, which means:
A. You make monthly payments of at least $50
B. You make monthly payments that increase according to your income
C. You make monthly payments that increase every two years
5. When you request loan forbearance, it means :
A. Your loan payments are reduced or postponed for a short period of time, while your interest continues to accrue
B. Your payment stops for a period of time, while your interest stops accruing
C. Your loans are canceled altogether, but you must pay the remain- ing interest you owe on the principal
Student Loans and the Cost of a Good Education 75
Answers: 1. A, 2. C, 3. B, 4. B, 5. A