Improved College Savings (529) Plans are part of the Obama administration’s broader focus on postsecondary education access and degree completion. This brief contains a literature review of the effects of savings and assets on outlook and life chances. The brief also examines the potential of savings to influence educational attainment and college completion.
Project: College Success
Sherraden, M. (2009, July). Saving and educational attainment: The potential of College Savings Plans to increase educational success (CSD Research & Policy Brief No. 09-29). St. Louis, MO: Washington University, Center for Social Development.