for undergraduates at some private colleges or even out-of-state students attending four-year public schools.balances, is enough to deter many high school students from considering college.
by the Center for Social Development at George Warren Brown School of Social Work at Washington University in St. Louis.Since the program started, the balances have grown to $15 million, he added."Every dollar represents conversations that have been happening in households."said Brandee McHale, global head of community investing and development at Citi, which helped implement the program."This is really a tool for supporting a college-going mindset.
, Boston and Los Angeles all have their own programs, which include additional funding and rewards for parents who continue to build up the balances., the nation's largest children's savings account program, in 2022.