Publication Date

11-1-2013

Summary

Child Development Accounts (CDAs) can contribute to financial preparation for college and the development of a college-bound identity in multiple ways and so increase the likelihood of college success. The pathways from CDAs to college success proposed in this paper are grounded in theory and evidence, but more research on the impact of CDAs is needed.

Document Type

Perspective

Category

Financial Inclusion

Subarea

Asset Building

Original Citation

Beverly, S. G., Elliott, W., III, & Sherraden, M. (2013, November). Child Development Accounts and college success: Accounts, assets, expectations, and achievements (CSD Perspective No. 13-27). St. Louis, MO: Washington University, Center for Social Development.

Project

College Success

Keywords

529, academic achievement, academic expectation, asset accumulation, asset effects, asset holding, asset ownership, assets, CDA, child development, child development account, child outcomes, child savings, child savings account, college degree attainment, college enrollment, college expectations, college savings, college savings plan, education, educational expectations, educational outcomes, inclusive policy, savings outcomes, savings, United States

Share

COinS