Which of the following statements, if any, is (are) correct?
1. Prepaid Tuition plans provide for the prepayment of college tuition at current tuition prices, plus a small premium, for future enrollment.
2. A disadvantage of a QTP (qualified tuition plan) is that the owner / contributor must relinquish control of the account, and share control of the funds with the student / beneficiary.
A.1 only.
B. 2 only.
C. Both 1 and 2.
D. Neither 1 nor 2.