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One of the Boldest Steps to Close the Racial Wealth Divide: a $3,200 Investment for Every Baby Born into Poverty

One of the Boldest Steps to Close the Racial Wealth Divide: a $3,200 Investment for Every Baby Born into Poverty
coloradotimesrecorder.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coloradotimesrecorder.com Daily Mail and Mail on Sunday newspapers.

United statesAyanna pressleyMichael sherradenAfrican americansBaby bondCivil rights actsEarned income tax creditBaby bondsNew american welfareSavings accountsSaving accountWilliam darityAmerican opportunity accounts actSenator cory booker

The Boldest Step to Close the Racial Wealth Divide in Generations

The Boldest Step to Close the Racial Wealth Divide in Generations
counterpunch.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from counterpunch.org Daily Mail and Mail on Sunday newspapers.

United statesMichael sherradenAyanna pressleyAfrican americansBaby bondCivil rights actsEarned income tax creditBaby bondsNew american welfareSavings accountsSaving accountWilliam darityAmerican opportunity accounts actSenator cory booker

The boldest step to close the racial wealth divide in generations

A new Baby Bond in Connecticut program will invest $3,200 for every baby born into poverty in effort to get families out of multi-generational asset poverty.

United statesMichael sherradenDedrick asante muhammadAyanna pressleyAfrican americansBaby bondBlack freedomCivil rights actsEarned income tax creditBaby bondsNew american welfare policySavings accountsSaving accountWilliam darityAmerican opportunity accounts actSenator cory booker

College Development Accounts help fight generational poverty

Programs like College Kids represent a new, possible way to fight an old problem: multi-generational poverty.

United statesRhode islandSan franciscoBrown schoolGavin newsomWilliam willie elliottJoe angelesMichael sherradenPhoto services michael sherradenLouis college kidsKindergarten to collegeUniversity of michiganLouis college kidWashington university centerUs government accountability officeChild development

Child Development Accounts Are a Gamble That Could Have a Big Payoff

Seeding college saving accounts is a national trend for cities and even states

United statesSan franciscoBrown schoolRhode islandNew yorkRiver cityTishaura jonesGavin newsomMichael sherradenWilliam willie elliottKindergarten to collegeLouis college kidsWashington university centerCollege kidsChild developmentRiver city journalism fund