Asset Building Financial Inclusion Practice & Research Tools

Can a College-Saver Identity Help Resolve the College Expectation-Attainment Paradox?

Minority and low-income children have many of the same aspirations for college as more advantaged children, but their college enrollment and completion rates are much lower. Research suggests that even very small amounts of savings for school may empower low-income children who graduate from high school to enter and succeed in college. This fact sheet presents evidence on how Children’s Development Accounts (CDAs) may help reduce wilt, which is when a young person who expects to attend college while in high school does not attend college shortly after graduating.

Project: College Success


Elliott, W., III. (2013, October). Can a college-saver identity help resolve the college expectation-attainment paradox? (CSD Fact Sheet No. 13-30). St. Louis, MO: Washington University, Center for Social Development.