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11y ago

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

529 prepaid tuition plan


All of the following are characteristics of the prepaid tuition plan except what?

Prepaid tuition plans typically allow families to pay for future college tuition at today's rates, providing a hedge against rising costs. They are generally state-sponsored and may have restrictions on which colleges can be attended. However, they do not usually cover additional expenses such as room, board, or fees associated with attending college. Therefore, the characteristic that does not apply is that they cover all college-related expenses beyond tuition.


Will mortgage rates go below 2 in the near future?

It is difficult to predict with certainty, but it is unlikely that mortgage rates will go below 2 in the near future.


What are todays most commonly used student consolidation loan rates?

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.


Why is it important for lenders and borrowers to haev a knowledge of forward rates?

It's important for lenders and borrowers to understand forward rates as they represent the market's expectations for future interest rates, which can influence borrowing costs and investment returns. For borrowers, knowing forward rates helps in deciding when to lock in fixed rates versus opting for variable rates, potentially saving money over time. Lenders can assess the risk and return on their loans based on these rates, allowing them to price products competitively. Overall, this knowledge aids in informed financial decision-making and risk management for both parties.

Related Questions

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

529 prepaid tuition plan


How is predetermined overhead rates useful in costing?

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


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

Inflation and outlay rates


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.


Is Economic optimization is futile?

it is often impossible to optain precise information about the pattern of future revenues costs and interest rates. therefore, the process of economic optimization is futile. discuss the statement.


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.


Will mortgage rates go below 2 in the near future?

It is difficult to predict with certainty, but it is unlikely that mortgage rates will go below 2 in the near future.


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


What are todays most commonly used student consolidation loan rates?

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.


What are the rates for the AT&T Go phones?

The rates for the at&t go phones varies from state to state and country to country, but the cheapest at&t costs between $50 to $75. Most expensive phones costs around $500.