Work

Automatic Deposits for All at Birth: Maine' s Harold Alfond College Challenge

Year: 2014
Type: article
Abstract: The first statewide Child Development Account (CDA) in the United States announced a major change in strategy to automatically enroll all newborns. Evidence from CDA research has contributed to the decision by the College Challenge to remove its original opt-in requirement—in which parents must enroll their newborns in the state’s 529 college savings plan to receive a $500 grant—in favor of universal enrollment—in which every child is enrolled automatically at birth with a $500 grant.
Language: English
Subfield: Accounting
Open Access status: green
OpenAlex ID: W2340869415
FWCI: 14.17
Cites: 14
Cited by: 17
Related to: 10