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Assignmentunknown

Planning for the Cost of College

Question 15 • 2027 Ignite Financial Literacy-Personal Finance - EL3403

Explain three steps an eighth grader should take to create a college savings plan if she is interested in attending a two-year job training program.

Answer

Correct Answer:

First, the student should estimate the cost of attending a two-year program. Then she should plan to save part of that cost. Finally, she should determine how much to budget for periodic deposits.

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