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, San Francisco State University Assistant Professor of Management Ian Dunham finds 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.
Click here for original story, Study reveals school savings accounts can dry up in ‘financial deserts’
Source: Phys.org