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Washington University in St. Louis

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529

Articles 31 - 47 of 47

Full-Text Articles in Social Work

College Savings Plan Accounts At Birth: Maine's Statewide Program, Margaret M. Clancy, Terry Lassar May 2010

College Savings Plan Accounts At Birth: Maine's Statewide Program, Margaret M. Clancy, Terry Lassar

Center for Social Development Research

The Harold Alfond College Challenge offers $500 to every child in the state enrolled in Maine’s NextGen college savings plan within 1 year from birth. As the first U.S. example of a statewide Child Development Account, the Alfond Challenge is a laboratory to study and learn from Maine’s experience. This CSD policy brief provides an overview of the Alfond Challenge, examines administrative and enrollment challenges, and offers recommendations and federal and state policy directions.


Staying On Course: The Effects Of Savings And Assets On The College Progress Of Young Adults, William Elliott Iii, Sondra G. Beverly Mar 2010

Staying On Course: The Effects Of Savings And Assets On The College Progress Of Young Adults, William Elliott Iii, Sondra G. Beverly

Center for Social Development Research

Increasingly, college graduation is seen as a necessary step toward achieving the American Dream. However, large disparities exist in graduation rates. This study examines the college progress of young adults. Findings suggest that 57% of young adults between the ages of 17 and 23 are “on course,” that is, are currently attending or have graduated from college. Those with family assets and savings of their own are more likely to be on course. In multivariate analysis, both net worth and youth school savings are strong predictors of college progress. Youth school savings and parental savings for youth are strong predictors …


The Role Of Savings And Wealth In Reducing "Wilt" Between Expectations And College Attendance, William Elliott Iii, Sondra Beverly Jan 2010

The Role Of Savings And Wealth In Reducing "Wilt" Between Expectations And College Attendance, William Elliott Iii, Sondra Beverly

Center for Social Development Research

The Role of Savings and Wealth in Reducing "Wilt" Between Expectations and College Attendance


Toward More Inclusive College Savings Plans: Sample State Legislation, Terry Lassar, Margaret M. Clancy, Sarah Mcclure Jan 2010

Toward More Inclusive College Savings Plans: Sample State Legislation, Terry Lassar, Margaret M. Clancy, Sarah Mcclure

Center for Social Development Research

A number of states have created inclusive 529 policy strategies to make college savings plans more accessible and easier to use for families at all income levels. These strategies include facilitating enrollment and contributions, removing saving disincentives, increasing saving incentives, and strengthening tax benefits. In this report, we examine these inclusive state policy strategies, describe their application through legislative and administrative means, and point to specific examples.A related policy brief by the same title is also available.


Toward More Inclusive College Savings Plans: Sample State Legislation, Terry Lassar, Margaret M. Clancy, Sarah Mcclure Jan 2010

Toward More Inclusive College Savings Plans: Sample State Legislation, Terry Lassar, Margaret M. Clancy, Sarah Mcclure

Center for Social Development Research

A number of states have created inclusive 529 policy strategies to make college savings plans more accessible and easier to use for families at all income levels. These strategies include: facilitating enrollment and contributions, removing saving disincentives, increasing saving incentives, and strengthening tax benefits. In this brief, we highlight these inclusive state policy strategies, describes their application through legislative and administrative means, and points to specific examples. A related policy report by the same title is also available.


Streamlined Enrollment And Default Investment: Innovations In Alaska's College Savings Plan, Margaret M. Clancy, Terry Lassar, Rebekah Miller Nov 2009

Streamlined Enrollment And Default Investment: Innovations In Alaska's College Savings Plan, Margaret M. Clancy, Terry Lassar, Rebekah Miller

Center for Social Development Research

As college savings plans have gained in popularity and matured over the years, states have developed a number of innovations to facilitate access to and participation in 529s. This paper examines innovations in streamlined enrollment, pre-selected investment, and default investment in Alaska’s college savings plan. These 529 innovations—intended to facilitate greater participation, especially amongst low- and middle-income families—could play a more important role in other states to encourage savings for postsecondary education.


Assets And Liabilities, Educational Expectations, And Children's College Degree Attainment, Min Zhan, Michael Sherraden Nov 2009

Assets And Liabilities, Educational Expectations, And Children's College Degree Attainment, Min Zhan, Michael Sherraden

Center for Social Development Research

Assets and Liabilities, Educational Expectations, and Children's College Degree Attainment


Low-Cost State Innovations To Help Families Save For College, Mark Huelsman, Margaret M. Clancy Nov 2009

Low-Cost State Innovations To Help Families Save For College, Mark Huelsman, Margaret M. Clancy

Center for Social Development Research

While 529 plans are defined in the federal tax code, individual states have considerable latitude to innovate and make their plans more inclusive. Some states have undertaken large-scale initiatives, such as matching contributions or establishing accounts at birth. Other states have been exploring a number of smaller, lower- cost innovations to remove disincentives and increase savings. States are often the testing ground for future federal policies, and several of these initiatives could also be enacted at the federal level.


College Savings Plans: Investment Options, Safety, And Policy Implications, Margaret M. Clancy, Joe Jovanovich May 2009

College Savings Plans: Investment Options, Safety, And Policy Implications, Margaret M. Clancy, Joe Jovanovich

Center for Social Development Research

With recent stock market decline, balances in many college savings (529) plans have also declined. Investment options such as money market funds or FDIC-insured CDs are gaining attention, and questions are being raised about the safety of 529 savings plan investments. This brief provides information on 529 savings plan investment options and safety as well as policy implications.


Five Low-Cost Ideas To Help Families Save For College, Margaret M. Clancy, David Newville May 2009

Five Low-Cost Ideas To Help Families Save For College, Margaret M. Clancy, David Newville

Center for Social Development Research

Improvements to the 529 platform could increase the number of low- and moderate-income families saving in 529s and make it easier for these families to build assets for education. These reforms include large initiatives, such as coordinating existing higher education tax credits and financial aid with 529s, as well as small initiatives to increase savings. This document contains several low-cost, simple reforms for 529s at the federal level. These would be important first steps for enabling more low- and moderate-income students to complete higher education.


Policy Brief: Pursuing 529 College Savings Plan Exclusion From Oklahoma Asset Limit Tests, Lisa Reyes Mason, Soda Lo, Margaret M. Clancy Jan 2009

Policy Brief: Pursuing 529 College Savings Plan Exclusion From Oklahoma Asset Limit Tests, Lisa Reyes Mason, Soda Lo, Margaret M. Clancy

Center for Social Development Research

Pursuing 529 College Savings Plan Exclusion from Oklahoma Asset Limit Tests


Excluding 529 College Savings Plan Accounts From Oklahoma Public Assistance Asset Limit Tests, Lisa Reyes Mason, Margaret M. Clancy, Soda Lo Jul 2008

Excluding 529 College Savings Plan Accounts From Oklahoma Public Assistance Asset Limit Tests, Lisa Reyes Mason, Margaret M. Clancy, Soda Lo

Center for Social Development Research

Excluding 529 College Savings Plan Accounts From Oklahoma Public Assistance Asset Limit Tests


State 529 Matching Grant Program Summary, Margaret M. Clancy, Lisa Reyes Mason, Soda Lo Jul 2008

State 529 Matching Grant Program Summary, Margaret M. Clancy, Lisa Reyes Mason, Soda Lo

Center for Social Development Research

State 529 Matching Grant Program Summary


Reforming 529 College Savings Plans To Better Reach Low-Income Families, Margaret Clancy, Leslie Parrish Jul 2006

Reforming 529 College Savings Plans To Better Reach Low-Income Families, Margaret Clancy, Leslie Parrish

Center for Social Development Research

Reforming 529 College Savings Plans to Better Reach Low-Income Families


Inclusion In College Savings Plans: Participation And Saving In Maine's Matching Grant Program, Margaret Clancy, Chang-Keun Han, Lisa Reyes Mason, Michael Sherraden Jul 2006

Inclusion In College Savings Plans: Participation And Saving In Maine's Matching Grant Program, Margaret Clancy, Chang-Keun Han, Lisa Reyes Mason, Michael Sherraden

Center for Social Development Research

Inclusion in College Savings Plans: Participation and Saving in Maine's Matching Grant Program


Section 529 Savings Plans, Access To Post-Secondary Education, And Universal Asset Building, Margaret Clancy, Reid Cramer, Leslie Parrish Jul 2005

Section 529 Savings Plans, Access To Post-Secondary Education, And Universal Asset Building, Margaret Clancy, Reid Cramer, Leslie Parrish

Center for Social Development Research

Section 529 Savings Plans, Access to Post-Secondary Education, and Universal Asset Building


The Potential For Inclusion In 529 Savings Plans: Report On A Survey Of States, Margaret Clancy, Michael Sherraden Jul 2003

The Potential For Inclusion In 529 Savings Plans: Report On A Survey Of States, Margaret Clancy, Michael Sherraden

Center for Social Development Research

The Potential for Inclusion in 529 Savings Plans: Report on a Survey of States