This report describes findings from the first year of a three-year evaluation of Boston Saves, a children’s savings account program offered by the City of Boston through the Mayor’s Office of Workforce Development (OWD) in partnership with Boston Public Schools (BPS). Boston Saves automatically provides each student enrolled in kindergarten (K2) in BPS a children’s savings account (CSA) including an initial deposit of $50 from the City of Boston and ongoing opportunities to receive incentives. The money in this account can be used for college or job training expenses after the student finishes high school.
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