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529 prepaid tuition plan

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Q: Which is a way to pay for future college costs at today's rates?
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Which is way to pay for future college costs at today's rates?

529 prepaid tuition plan.(:


How Escalation allows us to make predictions about future costs based on?

Inflation and outlay rates


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It allows you to forecast future costs needed to do business.


Who do you have to deal with directly to enroll in a 529 prepaid tuition plan?

Locking in current tuition rates for future college education


What are the benefits in enrolling in a prepaid tuition plan?

locking in current tuition rates for future college education.


The characteristics of a prepaid tuition plan?

A prepaid tuition plan allows families to purchase tuition credits at current prices, which can be redeemed in the future for the cost of college tuition. These plans typically lock in tuition rates, offering protection against future increases in tuition costs. They can be used at eligible colleges and universities specified by the plan.


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How much has the cost of college risen in the past decade?

According to Forbes, college rates have been raising at around 7% per year for the past several decades. This equals out to be about a 76% raise in tuition costs over the past decade.


Why present values are dependent upon interest rates?

Interest rates are also known as discount rates because in order to calculate the present value of a future amount, the future amount must be discounted back to the present


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Rates for student consolidation loans can really vary depending on the funding institution you are using for the loan. Rates are also based on your credit score. So make sure you credit is descent if you want lower rates.


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