Which statement offers the best advice on dealing

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Problem 1: Which statement offers the BEST advice on dealing with your student loans once you're out of school?

Option 1: Your student loan servicer will automatically contact you once your grace period is over. Until they contact you, you don't need to worry about your loan repayment.

Option 2: Making sure you pay your loan is the responsibility of your loan servicer. If they do not ask you to pay back the money you don't need to worry about it at all.

Option 3: Most student loans have a 6 month grace period before payments start. This means that you can start paying right away to reduce your total interest payments or wait for up to 6 months after you graduate.

Option 4: Most student loans have a 6 month grace period before payments start. This means that you cannot start paying right away but must start paying once the grace period is over.

Reference no: EM132765415

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