Asset Building Briefs & Summaries Financial Inclusion

The Early Positive Impacts of Child Development Accounts

This research brief highlights the findings of several studies from the SEED for Oklahoma Kids experiment, a large-scale policy test of universal, automatic, and progressive Child Development Accounts (CDAs). The universal and automatic components make the CDA in SEED OK inclusive by providing college accounts and savings to all treatment children. These studies primarily report the positive impacts of the CDA on nonfinancial outcomes (e.g., educational expectations, mother’s mental health, and child development). The impacts are often greater for disadvantaged children.

Project: SEED for Oklahoma Kids


Beverly, S. G., Clancy, M. M., & Sherraden, M. (2016, June). The early positive impacts of Child Development Accounts (CSD Research Brief No. 15-08). St. Louis, MO: Washington University, Center for Social Development.