This paper presents quantitative and qualitative evidence of the relationship between exposure to a community-based Children’s Savings Account (CSA) program and parents’ educational expectations for their children. First, we examine survey data collected as part of the rollout and...

Addressing the educational challenges facing disadvantaged children will require innovations that can create greater equality of opportunity, such that their innate talents and academic effort translate into meaningful access to college. Evidence points to differences in asset accumulation a part...

In most cases, allowable uses of CSAs are limited to higher education initially, with some allowance for homeownership, entrepreneurship, or other capital investment later. Although, more recent proposals for CSAs also include tiered structures so that children could access some savings while still...