Legal analysis: the three-step plan of education fund does not include the calculation of education cost demand. Education fund can not only increase the protection for children's future study, but also be an investment. Education fund can also be called education fund insurance, children's education insurance, children's education insurance, etc. It is insurance for the purpose of preparing education funds for children. Education insurance is a savings insurance, which has both the function of saving and the function of ensuring.

Legal basis: Article 11 of the Compulsory Education Law of People's Republic of China (PRC) stipulates that all children over the age of six shall be sent to school by their parents or other legal guardians to receive and complete compulsory education; Children in areas where conditions are not available can be postponed to seven years of age. School-age children and adolescents who need to postpone or drop out of school due to their physical condition shall apply to their parents or other legal guardians, and be approved by the education administrative department of the local township people's government or the county-level people's government.