Seeding Accounts for Kindergartners and Hoping to Grow College Graduates [nytimes.com]

Rafael Maravilla(PACEs Connection Staff) 10/19/2110:28 AM

By Tara Siegel Bernard, The New York Times, October 11, 2021

Kindergarten often brings a flood of notices about events, school supplies and class photos. But when Vaniqua Hudson-Figueroa’s daughter started at a public school in Queens, there was one that Ms. Hudson-Figueroa wasn’t expecting: The city had opened a college savings account in her child’s name — and it already had $100 in it.

For Ms. Hudson-Figueroa, the account opens up possibilities she didn’t know she had when she was her daughter’s age.

“When I was a kid, nobody spoke about college,” she said. “There was nothing to talk about.”

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