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Children's Savings Accounts

Posted on 12/02/2010 @ 02:13 PM

May 14, 2013

A Powerful Moment in the Children's Savings Story

I did not realize the type of effect the program was having on parents, who were really proud that they were taking steps to help their children build a better future.

May 8, 2013

Opinion: Bipartisan Bill Invests in Next Generation

Democrats and Republicans on Capitol Hill have come together to develop a plan that would help the youngest students learn the benefits of depositing their money in a real bank and saving for a future that includes college.

Apr 30, 2013

Why I’m Proud to Lead the 1:1 Fund – A Tale of Two Grandfathers

Carl Rist, Executive Director of the 1:1 Fund, reflects on the link between children's savings accounts and his family history

Apr 23, 2013

Today is Teach Children to Save Day

This Teach Children to Save Day we're working to advance financial literacy and children's college savings accounts in the communities that need it the most

Mar 22, 2013

Education is One Way to Narrow the Racial Wealth Gap

For generations of Americans, graduating from college has been the surest route to achieving the American Dream

Mar 20, 2013

Cradle to College: Exploring How Children's Savings Accounts Pay Off

Join PolicyLink and a panel of experts discussing promising new developments in children’s savings accounts

Mar 14, 2013

The Ladder of Giving

The creation of the social safety net during the 20th Century – in the U.S. and Europe – represented major progress in the attempt to eradicate poverty

Feb 27, 2013

Children’s Savings Accounts: Helping Kids Attain Higher Education

For more than a century, the strength of the U.S. educational system has earned the envy of leaders worldwide

Feb 21, 2013

College Board’s 2013 CollegeKeys Compact Innovation Award Presented to FUEL

Last month, at the College Board’s New England Regional Forum, the CollegeKeys Compact Innovation Award was presented to Families United in Educational Leadership (FUEL)

Feb 15, 2013

New Data on Student Debt Highlights Need for College Saving

The 2013 Assets and Opportunity Scorecard data underscores the importance of saving for college

Jan 16, 2013

Impressed by Child Savings in Jackson, MS

The 1:1 Fund promotes educational opportunity for low-income students by raising matched funds

Dec 19, 2012

Promoting New Efforts to Get Kids to Save and Get Kids to College

Graduating college is a critical step for children from lower income families aspiring to join the middle class. According to

Dec 12, 2012

Give Today to Help Kids Save for College

The 1:1 Fund has kicked off a holiday giving campaign! Give the gift of education this season and help a child save.

Nov 15, 2012

Kindergarten to College: A Foot in the Door

A recap of the "A Foot in the Door" premiere in San Francisco in early November

Nov 1, 2012

"A Foot in the Door" Premieres in San Francisco

Tonight, the San Francisco Office of the Treasury will premiere "A Foot in the Door"

Oct 25, 2012

From the Woodstock Institute President: An Empty-nester’s Hopes For All Children to Have College Opportunities

Dory Rand shares a personal narrative explaining why college education for all children must be made a priority

Oct 24, 2012

Closing the Divide

With the ever-widening wealth gap, we as a society need to break out of the traditional philanthropic mold.

Oct 19, 2012

Matching the Promise

According to a recent study by EARN, 87% of parents believe that attaining a college degree is an important

Oct 17, 2012

A Conversation with Savers: IDA Saver Tiara from Trinity University

Highlights from the Conversation with Savers Q&A during the 2012 Assets Learning Conference between Under Secretary of Education Martha Kanter and IDA saver, Tiara

Oct 12, 2012

A Foot in the Door

At last month’s Assets Learning Conference (ALC), we debuted “A Foot in the Door,

Oct 11, 2012

A Conversation with Savers: Rising Up to Give Back

Meet Jennifer Jones, an inspiring IDA saver, valedictorian of her Washington, D.C. KIPP school and aspiring math teacher

Oct 9, 2012

A Conversation with Savers: From Foster Youth to Future Lawyer

An inspiring conversation with SEED IDA saver, La Terra Cole

Sep 17, 2012

W. K. Kellogg Foundation Supports a Look at the Future of Children’s Savings

The W.K. Kellogg Foundation recognizes the importance of building strong communities by helping

Aug 7, 2012

Investing in Children Early Increases Access to Education

A new blog posted on U.S. News Education and written by Equal Justice Works highlights the relationship

Aug 1, 2012

What Can We Learn from International Youth Savings?

On Thursday July 28, the New America Foundation hosted the event Youth and Their Money

May 31, 2012

CFED Launches Child Savings Accounts Program in Michigan

Today, CFED launched the LINC Future Fund: Scholarship and Accounts Program in Grand Rapids, MI at four elementary schools.

Apr 24, 2012

Teach Children to Save Day 2012

Teaching children the fundamentals of savings and financial education early in life means

Apr 17, 2012

University of Kansas Assets and Education Research Symposium

Last month the University of Kansas at Lawrence hosted the Assets and Education Research Symposium, which brought together researchers, key funders and practitioners in the asset building for children field

Feb 27, 2012

2012 KIDS COUNT Data Snapshot Now Available

CFED is pleased to join the Annie E. Casey Foundation as a 2012 KIDS COUNT outreach partner.

Feb 24, 2012

Financial Access at Birth

What would it look like if every child in the U.S. started his or her life with an endowed account for use in saving for college

Feb 15, 2012

Aspen Institute Names Levere Ascend Fellow

The Aspen Institute today announced that Andrea Levere of Washington, D.C., will be in the inaugural class of its Ascend Fellowship program

Dec 20, 2011

The Connection Between Family Wealth and Educational Attainment

A young person’s success in going to and graduating from college depends, at least in part, on

Nov 23, 2011

Child Trust Funds and the Demise of the Asset Agenda

In September 2002, the Labour party in the United Kingdom launched a ground-breaking

Nov 3, 2011

RAISE Texas College Savings Contest Worth Smiling About

For the first time, starting this December 5, RAISE Texas will kick off their statewide 2011-2012 Save ‘n SMILE Family Video Contest.

Oct 14, 2011

CSAs Featured on TV’s Entourage

Last month, Bhagwan Chowdhry, Professor at UCLA’s Anderson School of Management, was featured

Sep 28, 2011

Webinar Highlights: Changing Financial Behaviors of First-Year College Students

On Wednesday September 14, the Take Charge America Institute at the University of Arizona hosted a webinar

Sep 8, 2011

Mississippi College Savings Account Program Launch

CFED is pleased to announce the launch of the Mississippi College Savings Account Program in Jackson, MS, on September 8, 2011.

Sep 7, 2011

Letter-to-the-Editor Published in Chicago Tribune

"New Lessons Behind Kids' Allowances" (News, Aug. 28) is interesting fodder for parents considering how best to

Sep 1, 2011

New Report on Impact of College Education on Earnings

A new report from the Georgetown University Center on Education and the Workforce finds that a person’s earning power

Aug 4, 2011

Financial Education for Preschoolers: Findings and Resources

CFED is currently involved in a number of Children’s Savings Account initiatives serving young children

Jul 7, 2011

A Nudge in the Right Direction

We all have the best intentions to exercise, keep our New Year’s resolutions (remember those?) and save money

Jun 27, 2011

Captain Kimpossible!

Here at CFED, when we introduce our colleagues to one another and to members of the assets & opportunity field, we like to

Jun 1, 2011

Personal Finance in Schools

According to a new Visa Inc. survey, 82% of Americans surveyed believe that a course in personal finance should be

May 2, 2011

PLAY Motivates Children to Save

We want to congratulate Margaret Libby, executive director of Mission San Francisco Community Financial Center

Apr 19, 2011

National Financial Literacy Month

It's April, which means it's National Financial Literacy Month. In a recent presidential proclamation

Apr 4, 2011

McDermott Calls for End to Poverty

Congressman Jim McDermott (D-WA), a senior member of the House Ways and Means Committee

Mar 31, 2011

Why Kids Savings Accounts Have A Chance in 2011

It’s been a long winter for kids’ issues in Washington

Sep 23, 2010

SEED Book, Synthesis Report Released

In your beautiful, handcrafted and eco-friendly Conference bag by Mercado Global, you should have received a copy of Hope in a Concrete Form and Lessons from SEED: A National Demonstration of Child Development Accounts. These resources both highlight the findings from years of research endeavored by the Saving for Education, Entrepreneurship and Downpayment (SEED) Initiative.

Sep 22, 2010

Children's Development Accounts

Last week, the Census Bureau released new data showing that one in seven Americans, including one out of every five children, are now living in poverty. This week, some one thousand advocates, program directors, community organizers, business owners, policy analysts and researchers are gathering in Washington for CFED’s biannual Assets Learning Conference to discuss emerging ideas for helping children and families achieve economic security and stability. As part of the conference kick-off, several organizations that are leaders in the asset building field came together yesterday to release a new report, Lessons from SEED, a National Demonstration of Child Development Accounts. The SEED project is a comprehensive initiative, combining policy, practice, and research, designed to explore a national system of savings and asset-building accounts for children and youth. Child Development Accounts, or CDAs, are intended to give children in low-income families a “financial head start” towards economic opportunity by beginning savings from as early as birth. CDAs are generally “seeded” with an initial deposit from public or private funds, after which children and parents are encouraged to contribute to the account, often with the incentive of matching contributions. The accounts provide savings that can later be used as productive investments that provide the pathways to opportunity and security, by paying for college, buying a home, starting a business, or for retirement.

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