Children’s savings accounts (CSAs), offered by elementary schools throughout San Francisco and in schools across the nation, were introduced to boost college-going rates, limit student debt and foster equal opportunity for low-income children. However, scientists find that geography — particularly in neighborhoods that lack brick-and-mortar banks and credit unions — may play a key role in how much families with CSAs actually save for college.
Source: Science Daily, https://www.sciencedaily.com