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Sam has a great paying job, has no dependents, and owns his own apartment. He wants to take out an appropriate loan to finance the rest of his graduate business degree, which he plans to study for at night, at a cost of $40,000. What type of loan would he consider if he really does not like to carry much, if any, debt

Respuesta :

Sam would collect student loan if he really does not like to carry much, if any, debt.

What is loan?

Loan involves borrowing certain amount of money usually from a lender.

The borrower and lender agree on a payment plan that will ensure the payment of the loan.

Therefore, Sam would collect student loan if he really does not like to carry much, if any, debt.

Learn more on loan below

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