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Read the following paragraph and choose the correct statement.
Laura Strong is one of atleast 3.8 million Americans in 2014 who've qualified for federal programs that tie payments to income and eventually forgive debt for some struggling borrowers, leaving taxpayers to pick up the tab President Obama has praised the programs for offering a lifeline to borrowers who'd otherwise default scarring their credit. Strong pays about $100 a month on her federal loans.
Income-based repayment was introduced under President Clinton, but the programs weren't heavily promoted until late 2013, when the Obama administration began sending e-mails to borrowers, including
Strong, telling them, ‘Your initial payment could be as low as $0 a month.’ The number of people using these plans has quadrupled since 2012.
  • a)
    About 4 million Americans qualified for the income based repayment programs in 2012
  • b)
    About 2 million Americans qualified for the income based repayment programs in 2012
  • c)
    About a million Americans qualified for the income based repayment programs in 2012
  • d)
    About half a million Americans qualified for the income based repayment programs in 2012
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Read the following paragraph and choose the correct statement.Laura S...
The passage states that 3.8 million Americans qualified for income based repayment programs in 2014. The passage states that this number has quadrupled since 2012. Hence in 2012 it should be a quarter of that number which is 0.95 million.
Hence, the correct option is (C).
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Read the following paragraph and choose the correct statement.Laura Strong is one of atleast 3.8 million Americans in 2014 who've qualified for federal programs that tie payments to income and eventually forgive debt for some struggling borrowers, leaving taxpayers to pick up the tab President Obama has praised the programs for offering a lifeline to borrowers who'd otherwise default scarring their credit. Strong pays about $100 a month on her federal loans.Income-based repayment was introduced under President Clinton, but the programs weren't heavily promoted until late 2013, when the Obama administration began sending e-mails to borrowers, includingStrong, telling them, ‘Your initial payment could be as low as $0 a month.’ The number of people using these plans has quadrupled since 2012.a)About 4 million Americans qualified for the income based repayment programs in 2012b)About 2 million Americans qualified for the income based repayment programs in 2012c)About a million Americans qualified for the income based repayment programs in 2012d)About half a million Americans qualified for the income based repayment programs in 2012Correct answer is option 'C'. Can you explain this answer?
Question Description
Read the following paragraph and choose the correct statement.Laura Strong is one of atleast 3.8 million Americans in 2014 who've qualified for federal programs that tie payments to income and eventually forgive debt for some struggling borrowers, leaving taxpayers to pick up the tab President Obama has praised the programs for offering a lifeline to borrowers who'd otherwise default scarring their credit. Strong pays about $100 a month on her federal loans.Income-based repayment was introduced under President Clinton, but the programs weren't heavily promoted until late 2013, when the Obama administration began sending e-mails to borrowers, includingStrong, telling them, ‘Your initial payment could be as low as $0 a month.’ The number of people using these plans has quadrupled since 2012.a)About 4 million Americans qualified for the income based repayment programs in 2012b)About 2 million Americans qualified for the income based repayment programs in 2012c)About a million Americans qualified for the income based repayment programs in 2012d)About half a million Americans qualified for the income based repayment programs in 2012Correct answer is option 'C'. Can you explain this answer? for Electrical Engineering (EE) 2024 is part of Electrical Engineering (EE) preparation. The Question and answers have been prepared according to the Electrical Engineering (EE) exam syllabus. Information about Read the following paragraph and choose the correct statement.Laura Strong is one of atleast 3.8 million Americans in 2014 who've qualified for federal programs that tie payments to income and eventually forgive debt for some struggling borrowers, leaving taxpayers to pick up the tab President Obama has praised the programs for offering a lifeline to borrowers who'd otherwise default scarring their credit. Strong pays about $100 a month on her federal loans.Income-based repayment was introduced under President Clinton, but the programs weren't heavily promoted until late 2013, when the Obama administration began sending e-mails to borrowers, includingStrong, telling them, ‘Your initial payment could be as low as $0 a month.’ The number of people using these plans has quadrupled since 2012.a)About 4 million Americans qualified for the income based repayment programs in 2012b)About 2 million Americans qualified for the income based repayment programs in 2012c)About a million Americans qualified for the income based repayment programs in 2012d)About half a million Americans qualified for the income based repayment programs in 2012Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Electrical Engineering (EE) 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the following paragraph and choose the correct statement.Laura Strong is one of atleast 3.8 million Americans in 2014 who've qualified for federal programs that tie payments to income and eventually forgive debt for some struggling borrowers, leaving taxpayers to pick up the tab President Obama has praised the programs for offering a lifeline to borrowers who'd otherwise default scarring their credit. Strong pays about $100 a month on her federal loans.Income-based repayment was introduced under President Clinton, but the programs weren't heavily promoted until late 2013, when the Obama administration began sending e-mails to borrowers, includingStrong, telling them, ‘Your initial payment could be as low as $0 a month.’ The number of people using these plans has quadrupled since 2012.a)About 4 million Americans qualified for the income based repayment programs in 2012b)About 2 million Americans qualified for the income based repayment programs in 2012c)About a million Americans qualified for the income based repayment programs in 2012d)About half a million Americans qualified for the income based repayment programs in 2012Correct answer is option 'C'. Can you explain this answer?.
Solutions for Read the following paragraph and choose the correct statement.Laura Strong is one of atleast 3.8 million Americans in 2014 who've qualified for federal programs that tie payments to income and eventually forgive debt for some struggling borrowers, leaving taxpayers to pick up the tab President Obama has praised the programs for offering a lifeline to borrowers who'd otherwise default scarring their credit. Strong pays about $100 a month on her federal loans.Income-based repayment was introduced under President Clinton, but the programs weren't heavily promoted until late 2013, when the Obama administration began sending e-mails to borrowers, includingStrong, telling them, ‘Your initial payment could be as low as $0 a month.’ The number of people using these plans has quadrupled since 2012.a)About 4 million Americans qualified for the income based repayment programs in 2012b)About 2 million Americans qualified for the income based repayment programs in 2012c)About a million Americans qualified for the income based repayment programs in 2012d)About half a million Americans qualified for the income based repayment programs in 2012Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Electrical Engineering (EE). Download more important topics, notes, lectures and mock test series for Electrical Engineering (EE) Exam by signing up for free.
Here you can find the meaning of Read the following paragraph and choose the correct statement.Laura Strong is one of atleast 3.8 million Americans in 2014 who've qualified for federal programs that tie payments to income and eventually forgive debt for some struggling borrowers, leaving taxpayers to pick up the tab President Obama has praised the programs for offering a lifeline to borrowers who'd otherwise default scarring their credit. Strong pays about $100 a month on her federal loans.Income-based repayment was introduced under President Clinton, but the programs weren't heavily promoted until late 2013, when the Obama administration began sending e-mails to borrowers, includingStrong, telling them, ‘Your initial payment could be as low as $0 a month.’ The number of people using these plans has quadrupled since 2012.a)About 4 million Americans qualified for the income based repayment programs in 2012b)About 2 million Americans qualified for the income based repayment programs in 2012c)About a million Americans qualified for the income based repayment programs in 2012d)About half a million Americans qualified for the income based repayment programs in 2012Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Read the following paragraph and choose the correct statement.Laura Strong is one of atleast 3.8 million Americans in 2014 who've qualified for federal programs that tie payments to income and eventually forgive debt for some struggling borrowers, leaving taxpayers to pick up the tab President Obama has praised the programs for offering a lifeline to borrowers who'd otherwise default scarring their credit. Strong pays about $100 a month on her federal loans.Income-based repayment was introduced under President Clinton, but the programs weren't heavily promoted until late 2013, when the Obama administration began sending e-mails to borrowers, includingStrong, telling them, ‘Your initial payment could be as low as $0 a month.’ The number of people using these plans has quadrupled since 2012.a)About 4 million Americans qualified for the income based repayment programs in 2012b)About 2 million Americans qualified for the income based repayment programs in 2012c)About a million Americans qualified for the income based repayment programs in 2012d)About half a million Americans qualified for the income based repayment programs in 2012Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Read the following paragraph and choose the correct statement.Laura Strong is one of atleast 3.8 million Americans in 2014 who've qualified for federal programs that tie payments to income and eventually forgive debt for some struggling borrowers, leaving taxpayers to pick up the tab President Obama has praised the programs for offering a lifeline to borrowers who'd otherwise default scarring their credit. Strong pays about $100 a month on her federal loans.Income-based repayment was introduced under President Clinton, but the programs weren't heavily promoted until late 2013, when the Obama administration began sending e-mails to borrowers, includingStrong, telling them, ‘Your initial payment could be as low as $0 a month.’ The number of people using these plans has quadrupled since 2012.a)About 4 million Americans qualified for the income based repayment programs in 2012b)About 2 million Americans qualified for the income based repayment programs in 2012c)About a million Americans qualified for the income based repayment programs in 2012d)About half a million Americans qualified for the income based repayment programs in 2012Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Read the following paragraph and choose the correct statement.Laura Strong is one of atleast 3.8 million Americans in 2014 who've qualified for federal programs that tie payments to income and eventually forgive debt for some struggling borrowers, leaving taxpayers to pick up the tab President Obama has praised the programs for offering a lifeline to borrowers who'd otherwise default scarring their credit. Strong pays about $100 a month on her federal loans.Income-based repayment was introduced under President Clinton, but the programs weren't heavily promoted until late 2013, when the Obama administration began sending e-mails to borrowers, includingStrong, telling them, ‘Your initial payment could be as low as $0 a month.’ The number of people using these plans has quadrupled since 2012.a)About 4 million Americans qualified for the income based repayment programs in 2012b)About 2 million Americans qualified for the income based repayment programs in 2012c)About a million Americans qualified for the income based repayment programs in 2012d)About half a million Americans qualified for the income based repayment programs in 2012Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read the following paragraph and choose the correct statement.Laura Strong is one of atleast 3.8 million Americans in 2014 who've qualified for federal programs that tie payments to income and eventually forgive debt for some struggling borrowers, leaving taxpayers to pick up the tab President Obama has praised the programs for offering a lifeline to borrowers who'd otherwise default scarring their credit. Strong pays about $100 a month on her federal loans.Income-based repayment was introduced under President Clinton, but the programs weren't heavily promoted until late 2013, when the Obama administration began sending e-mails to borrowers, includingStrong, telling them, ‘Your initial payment could be as low as $0 a month.’ The number of people using these plans has quadrupled since 2012.a)About 4 million Americans qualified for the income based repayment programs in 2012b)About 2 million Americans qualified for the income based repayment programs in 2012c)About a million Americans qualified for the income based repayment programs in 2012d)About half a million Americans qualified for the income based repayment programs in 2012Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Electrical Engineering (EE) tests.
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