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CR from OG 10th

by croman » Fri Jun 06, 2008 10:32 pm
A program instituted in a particular state allows parents to prepay their children’s future college tuition at
current rates. The program then pays the tuition annually for the child at any of the state’s public colleges in
which the child enrolls. Parents should participate in the program as a means of decreasing the cost for their
children’s college education.
Which of the following, if true, is the most appropriate reason for parents NOT to participate in the program?
A. the parents are unsure about which public college in the state the child will attend.
B. The amount of money accumulated by putting the prepayment funds in an interest-bearing account today
will be greater than the total cost of tuition for any of the public colleges when the child enrolls.
C. The annual cost of tuition at the state’s public colleges is expected to increase at a faster rate than the
annual increase in the cost of living.
D. Some of the state’s public colleges are contemplating large increases in tuition next year.
E. The prepayment plan would not cover the cost of room and board at any of the state’s public colleges.



Wrong for me,why not E?
OG Answer is B

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by envyramana » Sat Jun 07, 2008 12:44 am
E is not right because it strengthens the parents not to participate in the program as the parennts have to pay cost of room and board any how.

B is right since parents can pay the future fees with the principle+interest earned and still save some money.

Have a good Day!
Ramana

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by croman » Sat Jun 07, 2008 4:37 am
envyramana wrote:E is not right because it strengthens the parents not to participate in the program as the parennts have to pay cost of room and board any how.

B is right since parents can pay the future fees with the principle+interest earned and still save some money.

Have a good Day!
Ramana
and it is asking in the question what is the reasonable argument for them to not participate to the program,so in your answer about E,it is looking correct for me..!

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Correct Answer = B

by albertrahul » Sat Jun 07, 2008 5:28 am
Question says "Parents should participate in the program as a means of decreasing the cost for their children’s college education"

Choice B states that if equivalent amount is put in an interest bearing account then it will be more than tution cost.
Choice E is out of scope, program in passage talks only about annual tution fees not about room and board.

Correct Answer is B.

Hope this clarifies!

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Re: CR from OG 10th

by lunarpower » Fri Jun 13, 2008 12:20 am
croman wrote:Wrong for me,why not E?
OG Answer is B
here's a simpler way of looking at the conclusion here: the passage is saying that parents will be better off financially by using the program than by not using the program.
that is all.

so, let's examine (b) and (e) in light of this new, distilled version of the conclusion:
let's say that the future cost of tuition is X dollars.

if (b) is true, then investing the money in the program will yield a benefit of X dollars when it's college time for the little ones; however, investing in a normal interest-bearing account will yield a benefit of MORE than X dollars. therefore, the parents are actually worse off using the program, so this is the correct answer.

(e) is irrelevant, because the fundamental premise of the argument - that the program turns less-than-X dollars into a benefit of X dollars, thus putting the parents in a better place financially - remains unchallenged. as the previous poster has noted, room and board has absolutely nothing to do with the argument, so invoking it doesn't weaken (or strengthen, for that matter) the argument.

what i'm wondering is why the correct answer isn't the much more obvious downside to the program, which is that the parents will be out an enormous chunk of change if they decide to send their kids anywhere but to their state's public colleges.
Ron has been teaching various standardized tests for 20 years.

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by peter.p.81 » Wed May 11, 2016 12:20 am
Cannot decide between E and B. Can anyone brake down these two choices for me please