The Baltimore Science College, under its prepayment program, allows its students to prepay their future college fees at prevailing rates. The program then pays the fee annually for the student, irrespective of the rates chargeable at that time in future. Intending graduates, who are currently in the first year of their undergraduate degree, ought to participate in this program as a way of decreasing their college-going expenses.

Which of the following, if true, is the most appropriate reason for intending graduates not to participate in the program?

The undergraduate program students are unsure where they would like to go for their graduate program.

The money obtained by putting the prepaid funds in an interest-bearing account today will be lesser than the total fee for the Baltimore Science College when they actually enroll for its graduate program.

The yearly graduate program fee at the college is anticipated to rise at a faster rate than the annual rise in living costs.

Some other colleges are planning large increases in graduate fees next year.

The plan would fail to cover the boarding and lodging costs at the college.