Researchers from AIR administered a survey to participants of the Keystone Scholars program, a statewide Child Development Account (CDA) program created by the Pennsylvania Treasury Department. The aims of the study were to capture parents’ expectations for their child’s educational future within the first year of their child’s life and to gather information on parents’ financial knowledge, assets, and savings behavior, as well as demographic information.
In this podcast, CARPE intern Sakshee Chawla interviewed Robert Nathenson, a senior researcher at AIR. He spoke about the research behind Children Development Accounts as a means to save for college and thereby improve outcomes for children, families, and society at large.