Who should be responsible for any nonpayment amount

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Question 1: Jodi incurs $25,000 in student loans to obtain a bachelor's of science degree in engineering. Owen undertakes the same course of study, also incurring $25,000 in student loans, but he fails to graduate. Which student will have a higher probability of nonpayment of student loans, and why? Who should be responsible for any nonpayment amount? Explain your answer.

Reference no: EM132927181

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