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Suppose you are in fourth year and thinking of applying for student loans for the first time. An advantage of this loan is that the
Suppose you are in fourth year and thinking of applying for student loans for the first time. An advantage of this loan is that the interest does not accrue unless the repayment begins. If your younger brother who is just starting his first year in the university also applies, who will have this greater advantage or subsidy? Why? How this subsidy can be measured for each of you?
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