the parents are unsure about which public college in the state the child will attend
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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.
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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.
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D
Some of the state’s public colleges are contemplating large increases in tuition next year
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E
The prepayment plan would not cover the cost of room and board at any of the state’s public colleges
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Solution
The correct option is 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.