Multiple Choice

Two students, Alex and Ben, have identical future career prospects and earning potential. Both require $20,000 to fund their final year of university. Alex receives a $20,000 government grant that does not need to be repaid. Ben takes out a $20,000 student loan that must be repaid with interest after graduation. Assuming both students earn the same income after graduating, which statement most accurately analyzes the long-term impact of these different financing methods on their personal financial capacity?

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Updated 2025-09-18

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