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Small-Dollar Children’s Savings Accounts, Income, and College Outcomes

In this paper, we examine the relationship between children’s small-dollar savings accounts and college enrollment and graduation. We find that LMI children may be more likely to enroll in and graduate from college when they have small-dollar savings accounts with money designated for school. An...

Topic: Asset building and saving
Author: Hyun-a Song, Ilsung Nam, William Elliott
Publisher: Center for Social Development; Washington University in St. Louis
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