42
QuizMultiple Choice

N/A — Exam

Question 42 • CMS 2026-2027 Economics and Personal Finance HONORS INITIAL CREDIT

Which option for college funding can parents start when children are still very young?

Answer
A
college savings account
B
scholarship
C
work-study
D
student loan

Explanation

A college savings account can be opened and funded while a child is very young, giving the money time to grow before college. Scholarships are generally awarded later based on eligibility, while work-study and student loans are options students use when they attend college.

AI-written and checked against the verified answer.

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