Additional Authors

Clancy, Margaret; Sherraden, Michael

Publication Date

1-28-2015

Summary

This research brief highlights the findings of several studies from the SEED for Oklahoma Kids experiment, a large-scale policy test of universal, automatic, and progressive Child Development Accounts (CDAs). The universal and automatic components make the CDA in SEED OK inclusive by providing college accounts and savings to all treatment children. These studies primarily report the positive impacts of the CDA on nonfinancial outcomes (e.g., educational expectations, mother’s mental health, and child development). The impacts are often greater for disadvantaged children.

Document Type

Research Brief

Category

Financial Inclusion

Category

Financial Inclusion

Subarea

Asset Building

Original Citation

Beverly, S. G., Clancy, M. M., & Sherraden, M. (2016, June). The early positive impacts of Child Development Accounts (CSD Research Brief No. 15-08). St. Louis, MO: Washington University, Center for Social Development.

DOI:

https://doi.org/10.7936/K73J3CGN

Project

SEED for Oklahoma Kids

Keywords

529, assets, CDA, child savings account, college savings, college savings plan, SEED OK, United States

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