Los Angeles provides every first-grader with cash for college
Automatic college savings can go a long way
A GIANT EXERCISE in giving away money to children is under way. On March 21st Los Angeles Unified, America’s second-largest school district, enrolled every first-grader into a free college-savings-account programme, depositing $50 for each child. With 44,000 pupils, Opportunity LA is the biggest college-savings scheme for children in the country.
This article appeared in the United States section of the print edition under the headline “Seeds of learning”
United States April 2nd 2022
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From the April 2nd 2022 edition
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