ERIC Number: ED603143
Record Type: Non-Journal
Publication Date: 2019-Aug-1
Pages: 8
Abstractor: As Provided
ISBN: N/A
ISSN: N/A
EISSN: N/A
Keystone Scholars: A State-Wide Pennsylvania Child Savings Accounts Initiative. CPRE Policy Briefs
Nathenson, Robert A.; Sirinides, Phil; Jones-Laymen, Amanda
Consortium for Policy Research in Education
In 2019 the Pennsylvania Treasury launched a state-wide children's savings account (CSA) initiative, Keystone Scholars. Keystone Scholars provides $100 in college savings to eligible families - all children born or adopted in Pennsylvania after January 1, 2019. In this introductory research brief, we describe how CSAs are an important tool for families to increase educational expectations and asset accumulation, particularly for college savings, offer a preliminary look into college savings accounts in Pennsylvania, and explore how the Pennsylvania Treasury is using data-driven insights to encourage college savings of Pennsylvanian households.
Descriptors: Money Management, Children, State Programs, Paying for College, Family Programs, Data Use, Incentives, Long Range Planning, Taxes, Investment, Infants, Expectation, Academic Aspiration
Consortium for Policy Research in Education. University of Pennsylvania, 3440 Market Street Suite 560, Philadelphia, PA 19104. Tel: 215-593-0700; Fax: 215-573-7914; e-mail: cpre@gse.upenn.edu; Web site: http://www.cpre.org
Publication Type: Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: University of Pennsylvania, Consortium for Policy Research in Education (CPRE)
Identifiers - Location: Pennsylvania
Grant or Contract Numbers: N/A