The Early Positive Impacts of Child Development Accounts
Child Development Accounts (CDAs) are savings accounts for long-term developmental purposes. Children who grow up knowing they have some assets for postsecondary education may be more future-oriented and may fare better in the long run than children without these assets. This summary of early research findings from the SEED OK experiment may help CDA proponents communicate the value of such accounts to policymakers, educators, and others.