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
75
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://www.kaotiyun.com/show/7p1O777K
0
考博英语
相关试题推荐
Securityandcommodityexchangesaretradingpostswherepeoplemeetwhowishtobuyandsell.Theexchangesthemselvesdonotr
Securityandcommodityexchangesaretradingpostswherepeoplemeetwhowishtobuyandsell.Theexchangesthemselvesdonotr
Thepricesquotedabovedonotincludeanytaxesandlevies______uponthepersonnelbythegovernmentoftheproject-hostcoun
Dianamadealotofefforttopersuadeherparentsinto______tohergoingtotheUnitedStatestostudybusinessadministration
Thestructureoftheglobaleconomy______thatdevelopingnationsputalltheireffortsintoraisingcash—usuallybyexportingwh
TheUNofficialsaidaidprogramswillbe______untilthereisadequateprotectionforreliefpersonnel.
Thesechangeshavenotbeensufficientto______thelosses.
Ithasbeenchallengingformosttwentieth-centuryAmericanpolicy-makerstorecapturethememoryoftheearlyUnitedStates,Con
随机试题
评价企业资本经营效益的核心指标是()
B2B
患者,男,22岁。左小腿中下段闭合性骨折24小时,肿胀,局部皮下淤血,足趾呈屈曲状,活动受限。可能的并发症是
在我国,下列哪些机构的印章应当刻有中华人民共和国国徽图案?()
一笔业务中,若出口销售人民币净收入与出口总成本的差额为正数,说明该笔业务为()。
甲公司为上市公司,为提高市场占有率及实现多元化经营,甲公司从2013年开始进行了一系列投资和资本运作,有关资料如下:(1)甲公司于2013年1月1日以900万元银行存款取得乙公司20%的普通股股份,对乙公司有重大影响,甲公司采用权益法核算此项投资
河北满城汉墓出土了一件名为()的灯具,利用虹吸的原理,即使以今天的设计观点看,也是一件超凡脱俗的佳作。
在期中考试后,师生对英语成绩意见较大。原因有二,首先是每班只有几个人及格,大都集中在30分至50分之间;其次,本学期英语考查内容与教学内容有较大偏差。从这个案例我们可以看出,有效自编测验的特征应包括()。
抓好治安行政管理工作是减少治安问题发生的惟一途径。()
如下图所示,两台Catelyst6500交换机通过千兆以太网端口连接,它们之间需要传输ID号为33、44、55,VLAN名为jszx33、jszx44、jszx55的3个VLAN,下列交换机B的VLAN配置,正确地是
最新回复
(
0
)