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In Business / College | 2025-07-03

How can you reduce your total loan cost?

A. Make interest payments while in school
B. Make interest and principal payments while in school
C. Make interest and principal payments during the grace period
D. Any of the above

Asked by sazor7

Answer (2)

To reduce your total loan cost, you can make interest payments while in school, make both interest and principal payments while in school, or during the grace period. Any of these options helps to limit the financial impact of your loans. Evaluating your budget will help you choose the best strategy. ;

Answered by GinnyAnswer | 2025-07-03

To minimize total loan costs, you can make interest payments while in school, make payments on interest and principal while in school, or during the grace period. Any of these options is effective in reducing the overall repayment amount. Therefore, the best answer is D. Any of the above.
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Answered by Anonymous | 2025-07-04

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