Describe in detail the characteristics of the direct subsidized and unsubsidized student loans from the Federal government
What will be an ideal response?
Answer: Based on income limitations, you may qualify for the direct, subsidized loan from the government. With these loans, the government pays your interest on your loan disbursements while you are actively enrolled in school. This prevents the interest on your loans from accruing interest while you are still a student. Six months after you complete your degree program or withdraw from school, your loan amoritization payments with interest will start. With a direct, unsubsidized loan, the interest starts accruing every time you receive a disbursement, resulting in the interest accruing interest while you are in school leaving you with a larger loan balance and payments when you start paying the loan back.
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A manager of a cost center is evaluated solely on the basis of how well costs are controlled
Indicate whether the statement is true or false
Explain the differences between a multilevel network and a pyramid scheme
What will be an ideal response?
If the effect of the debit portion of an adjusting entry is to increase the balance of an expense account, which of the following describes the effect of the credit portion of the entry?
A) decreases the balance of an owner's equity account B) increases the balance of a liability account C) increases the balance of an asset account D) decreases the balance of an expense account
Tangerine Inc.'s target capital structure is 20 percent debt, 20 percent preferred stock, and 60 percent common equity. Its bonds have a 12 percent coupon rate, semiannual interest payments, a current maturity of 20 years, and a market value equal to their par value of $1,000. The firm's marginal tax rate is 40 percent. The firm's policy is to use a risk premium of 4 percentage points when using the bond-yield-plus-risk-premium method to determine its cost of retained earnings. What is Tangerine's component cost of retained earnings?
A. 8.0% B. 9.6% C. 11.2% D. 14.4% E. 16.0%