Which of the following programs is guaranteed to increase in value at the same rate college tuition increases?
A)College Savings Plan.
B)Prepaid Tuition Plan.
C)Uniform Gifts to Minors Act.
D)Uniform Transfers to Minors Act.

Question

Quizplus · Accepted Answer

A Prepaid Tuition Plan is designed to keep up with the increasing cost of college tuition, therefore it is the only program guaranteed to increase in value at the same rate as college tuition increases. College Savings Plans, Uniform Gifts to Minors Act, and Uniform Transfers to Minors Act are not specifically designed to keep up with the rising cost of tuition.

Which of the Following Programs Is Guaranteed to Increase in Value