The mission of AEDI is to create and study innovations related to asset development, education, and financial inclusion that result in opportunities across the life course for low-income children and families, in the U.S. and around the globe, for the purposes of climbing out of poverty and up the economic ladder.
Made possible by a generous gift from Dr. Nan Lin in honor of his wife, Dr. Alice P. Lin (MSW’78, DSW’85), the annual Dr. Alice P. Lin Memorial Lecture addresses research, issues, and trends in public policy and administration.
Investing in children is fundamental for families, communities, and the U.S. economy. Child Development Accounts (CDAs), also called Children’s Savings Accounts (CSAs), offer a proven and efficient model for investing in all children.
Child Development Accounts (CDAs)—also called Child Savings Accounts (CSAs)—provide assets and encourage saving and asset building for children. (See the accompanying document, The Case for a Nationwide Child Development Account Policy.) An efficient, trusted, and sustainable system for delivering CDAs is already being implemented in some states. A nationwide policy would require federal funding and changes in policy and practice to deliver CDAs for all children with a seed deposit as early as birth.
Research shows that CDAs have positive effects on asset building and healthy child and family development, with greater effects for people of color and low-income households. Asset building over time is the key to these results. Positive effects for children and families occur even before the money is spent for education.
Willliam Elliott and Melinda Lewis
Uses authors' personal stories to illustrate inequities in education system
Features research conducted with a clear public purpose in mind, in order to increase the relevance and applicability of findings to public policy conversations
Considers how research resonates with people's values and how the proposed policy intervention aligns with American ideals
Discusses an opportunity pipeline that begins at or near birth and extends beyond graduation into young adulthood