多选题
A program instituted in a particular state allows parents to prepay
their children's future college tuition at current rates. The program then pays
the tuition annually for the child at any of the state's public colleges in
which the child enrolls. Parents should participate in the program as a means of
decreasing the cost for their children's college education.
Which of the following, if true, is the most appropriate reason for parents not
to participate in the program?
- A. The parents are unsure about which public college in the state the child
will attend.
- B. The amount of money accumulated by putting the prepayment funds in an
interest-bearing account today will be greater than the total cost of tuition
for any of the public colleges when the child enrolls.
- C. The annual cost of tuition at the state's public colleges is expected to
increase at a faster rate than the annual increase in the cost of living.
- D. Some of the state's public colleges are contemplating large increases in
tuition next year.
- E. The prepayment plan would not cover the cost of room and board at any of
the state's public colleges.