Resources
Research
Saving for college keeps kids on course to graduate
Research shows that saving for college keeps children on course to attend and graduate college.
The impact a small amount of college savings can have on how students approach their schooling is amazing. Every time a child sees a parent save money for college, the message is being sent that college is attainable and valuable. Communities4College’s goal is to amplify this effect – instead of just a parent or sending the message that college is important, the entire community does.
Low and moderate income children with
college savings between
are
3X
more likely to attend college and
4X
more likely to graduate from college.
Source: Building Expectations, Delivering Results: Asset-Based Financial Aid and the Future of Higher Education (2013). The University of Kansas School of Social Welfare, Assets & Education Initiative.