Time Value Eligibility for a subsidized Stafford loan is based on current financial need. However, both subsidized

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Time Value Eligibility for a subsidized Stafford loan is based on current financial need. However, both subsidized and unsubsidized Stafford loans are repaid out of future income. Given this, do you see a possible objection to having two types?

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th Edition

Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan

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Question Posted: Apr 28, 2011 02:29 AM

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Time Value Eligibility for a subsidized Stafford loan is based on current financial need. However, both subsidized

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The problem is that the subsidy makes it easier to repay the loan not obtain it However abil...View the full answer

Fundamentals of Corporate Finance

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