Definition
A federal student loan is money borrowed from the government to pay for education.
Why It Matters
It increases access to higher education.
Example
A subsidized loan for college tuition.
Malone Global University
Malone Global University
Economics Glossary – Malone Global University
A federal student loan is money borrowed from the government to pay for education.
It increases access to higher education.
A subsidized loan for college tuition.