首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
States are considering major changes in prepaid college tuition programs - raising prices, restricting participation of cancelin
States are considering major changes in prepaid college tuition programs - raising prices, restricting participation of cancelin
admin
2013-01-29
27
问题
States are considering major changes in prepaid college tuition programs - raising prices, restricting participation of canceling them - as they grapple with financial woes. Nationwide, families will likely have to pay more to participate, or accept that they might not cover tuition when children go to college.
Colorado has closed its prepaid plan to new investors and told existing ones that it may not cover future tuition increases. Wisconsin stopped selling its plan Dec. 20. Maryland and Illinois are among states hiking prices by 20% or more.
Prepaid plans let parents lock in tuition by paying for it now, protecting them against rising costs. But the hear market has hurt investment returns, leaving the plans unable to keep up with big increases in tuition. So far, Colorado is the only state that has told participants their investments may not cover tuition, and no plan has missed a payment.
Other states have said they will fulfill obligations, even if it requires a legislative bailout. Still, the financial problems have forced thousands to grapple with uncertainty - something prepaid plans were designed to avoid. More than 1 million families have an estimated $ 8 billion invested in the plans, says < Saving for College. com >.
Some states, including Colorado, may replace the prepaid plan with a guaranteed investment contract, a CD-like investment that’s backed by an insurance company. Investors get a minimum rate of return, but no guarantee that it will cover tuition.
Wisconsin’s EdVest program is encouraging investment in a stable value fund, which is similar to a guaranteed investment contract, in its investment plan. Wisconsin’s prepaid plan never guaranteed to cover tuition inflation. It also never got a lot of investors, possibly because it lacked that guarantee.
In Florida, a task force is considering limiting the state’s prepaid program to low-income families. Ohio officials are also looking at limiting participation, but it’s a measure they hope to avoid. "Program administrators are looking for alternatives," says Andrea Feirstein, a state-plan consultant.
Maryland recently boosted its prices by up to 30%; Illinois by up to 23%. The increases have made some prepaid plans uneconomical for parents of older children. In Ohio, the price of one year’s tuition for a child over 12 months old is $ 8, 000, more than 40% above current tuition at Ohio State. SO it may not be a good deal for children starting college in three or four years because tuition may not jump that much that fast.
The word "investors" (in boldface in Paragraph 2) most exactly refers to those who ______.
选项
A、serve as the main source of finance to the state
B、invest money in developing local colleges
C、sponsor colleges and their educational programs
D、join the plan and pay the tuition in advance
答案
D
解析
转载请注明原文地址:https://kaotiyun.com/show/7p1O777K
0
考博英语
相关试题推荐
Securityandcommodityexchangesaretradingpostswherepeoplemeetwhowishtobuyandsell.Theexchangesthemselvesdonotr
FreeAdviceIsJustAroundtheCorner(1)WhenDanielFranklin,apoliticalscienceprofessorfromAtlanta,neededcareeradv
Inrecentyears,universitiesandcollegesinChinahavebeenexpandingtheirenrolmentTherefore,moreandmoreyoungpeopleca
SoengrossedwasthedetectiveinconsideringtheevidencethathecompletelyforgotwhereBewas.
Dianamadealotofefforttopersuadeherparentsinto______tohergoingtotheUnitedStatestostudybusinessadministration
Thereweretwowidelydivergentinfluencesontheearlydevelopmentofstatisticalmethods.Statisticshadamotherwhowasdedi
Thesechangeshavenotbeensufficientto______thelosses.
Ithasbeenchallengingformosttwentieth-centuryAmericanpolicy-makerstorecapturethememoryoftheearlyUnitedStates,Con
随机试题
马克思主义认为,民族解放运动的前途有______、______。
对于流窜犯的最长拘留时间是多少天?( )
某县公安局刑警队接到群众报案,在某一水库的水面上发现一具漂浮的尸体。刑警队马上派人赶到现场勘验、检查,以收集证据。根据规定,公安人员收集的证据能够将案件事实证明到何等程度时,公安机关就应当对此案立案侦查?( )
法国是美食之国,非常讲究酒水与菜肴的搭配,以下正确的选项是()。
我国于()年正式颁布《幼儿园工作规程》。
中国传统文化中,对孕妇及产后妇女提出了诸多禁忌,如忌风、忌水、忌口等等,如今这类禁忌与时俱进。又加了一条“忌辐射”。那银光闪闪的防辐射服,已经成为中国孕妇的“标配”。最近有专家却称.防辐射服没必要穿,其根本就不能起到防辐射的作用。下列各项如果为真.哪项能够
公车上书
【2008-47】作为教师,不一定要有明确的教育目的,但必须要有明确的教学目标。
平均利润率形成的过程,同时就是()
Whydidn’tpeoplebegintouseunmannedvehiclesinunderseaexplorationuntilrecently?Itisbecauseofthe______.Why
最新回复
(
0
)