Thursday, March 21, 2013

Webinar: Children's Savings Accounts and Educational Outcomes

PolicyLink is hosting a webinar titled “Cradle to College: Exploring How Children's Savings Accounts Pay Off.”

According to the Corporation for Enterprise Development (CFED), young adults are no longer attaining postsecondary education at a higher rate than their parents. The case is particularly bleak for low-income students and students of color. Only 10% of students from low-income families will receive a college degree by their mid-twenties. However, providing children and families with an opportunity to accrue savings can dramatically impact their economic well-being. Children with college savings accounts, for example, are nearly twice as likely to plan to attend college.

This webinar will explore the ways that savings accounts not only contribute to saving for college, but also improve educational outcomes, and the odds that low-income students and students of color enroll in college. The webinar will highlight the nation’s first universal children’s savings account program for kindergarteners – a groundbreaking program that has been launched in San Francisco.

Webinar presenters will include:
  • Jose Cisneros, Treasurer, City and County of San Francisco 
  • Reid Cramer, Director of Asset Building Program, New America Foundation 
  • Dr. William Elliott, Assistant Professor and Director of Assets and Education Initiative, University of Kansas 
  • Leigh Tivol, Director, Savings & Financial Security, CFED 
  • Solana Rice, Senior Associate, PolicyLink (moderator) 

To learn more about how savings accounts can promote educational attainment and well-being, check out CFED’s Promise Neighborhood Resource Center.

The webinar will take place on Tuesday, March 26th at 2pm ET. To learn more and to register, please click here.

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