What information do you need to know as you prepare to repay your loans?

To effectively prepare for repaying your loans, it's essential to have a comprehensive understanding of several key factors, which is why the correct answer encompasses all aspects mentioned.

Knowing your loan amount is fundamental as it directly affects how much you will need to repay in total, including both principal and interest. Understanding your repayment options is equally important, as it allows you to choose the plan that best fits your financial situation, whether it be a standard repayment plan, income-driven repayment plan, or others, each providing different terms and monthly payments. Lastly, being aware of your interest rates is crucial because the rate can significantly impact the total cost of your loan over time; higher interest rates typically lead to higher repayment amounts.

Thus, having comprehensive knowledge about the loan amount, repayment options, and interest rates enables a more strategic approach to loan repayment, making option C the most accurate answer. Each of these elements contributes to your overall understanding of your financial obligations and helps in planning your budget effectively.