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Some US states are giving newborns savings accounts for college — and it’s working

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Providing newborns with college savings accounts at birth has been an idea that has floated around lawmakers’ minds for years. Sen. Cory Booker of New Jersey, for example, campaigned on “baby bonds” when running for president, which would provide every child with a $1,000 savings account.

Some states are now beginning to follow suit, and research has revealed encouraging impacts on children’s futures.

An Oklahoma research project, called SEED for Oklahoma Kids or SEED OK, launched 14 years ago by the Center for Social Development at Washington University in St. Louis to study whether creating a details ⇒

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