Professor William Elliot III offered testimony as an professional witness at the USA Senate Committee on Finance listening to on youngster financial savings accounts and different tax-advantaged accounts benefiting American kids.
“Youngsters’s asset investments are extra than simply monetary advantages for increased schooling: they’ve demonstrated the potential to rework the chance panorama—and within the course of, to reset younger individuals’s confidence in U.S. establishments and their capability to ship equitable returns,” mentioned Elliott. “CSAs assist create an setting for forming tangible hopes. What makes them tangible is that they offer kids a stake sooner or later—their very own, and ours. They provide them the ability to buy a bit of their future immediately.”
