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New Report: Child Development Accounts as an Early Childhood Intervention

July 22, 2014
Publication Image Properly designed Child Development Accounts (CDAs) can have lasting, positive effects on children's educational development and can improve their long-term economic outcomes. That's the argument of a new paper we're releasing today, "Investing in Children: Child Development Accounts as an Early Childhood Intervention," which was authored by two scholars at the University of Kansas' School of Social Welfare, Terri Friedline, an Asset Building Program Research Fellow, and Nik Schuetz. While much discussion of CDAs (also known as CSAs or Children's Savings Accounts; the terms are interchangeable) treats the accounts in isolation, Friedline and Schuetz argue that, to be most effective, CDAs should be situated within the broader context of other early childhood interventions like pre-K and Head Start.

New Report Highlights the Business Case to Make Youth Savings Work

July 22, 2014
Washington, DC – The Consultative Group to Assist the Poor (CGAP) released a report today that examines the business considerations for financial service providers offering savings products to young people. The report, “The Business Case for Youth Savings: A Framework,” analyzes the different factors that financial service providers need to consider when entering or being active in the youth savings market. 

Will Millions of Americans Finally Be REDEEMed? | The Hill

  • By
  • Aleta Sprague,
  • New America Foundation
July 18, 2014 |
It’s time we connected the dots. Today, 1 in every 28 kids has a parent behind bars ­– and the average black household owns a nickel for each white household’s dollar. With over 2.2 million people locked up, the United States has the highest incarceration rate in the world; at the same time, our levels of wealth inequality have reached unprecedented levels.

Asset Building News Week, July 14-18

July 18, 2014
Publication Image The Asset Building News Week is a weekly Friday feature on The Ladder, the Asset Building Program blog, designed to help readers keep up with news and developments in the asset building field. This week's topics include postal banking, the safety net, inequality, and education.

Youth Financial Inclusion: Reframing the Work for a Wider Audience | The YouthSave Consortium

  • By
  • Scarlett Aldebot-Green,
  • New America Foundation
July 17, 2014 |
Two events in the past month have begun to shape a new understanding of how best to communicate YouthSave’s findings and lessons to a larger field of global youth development practitioners.
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