Expanding Educational Opportunity Through Savings
Children’s Savings Accounts (CSAs) are based on the idea that helping more children succeed in higher education requires starting early and empowering families. Families with savings for college can use those savings to help their children pay for education expenses. Investments made early also grow every year until college, boosting the ultimate amount of savings and maximizing its impact. Additionally, there is growing evidence that starting to save for college early can help build expectations for higher education and positive, lifelong financial habits.