New Book Charts Global Progress of Child Development Accounts

Nearly 30 years after the publication of Michael Sherraden’s seminal Assets and the Poor, Child Development Account (CDA) policies and programs are emerging across the globe. Now, a new book edited by Jin Huang, Li Zou and Sherraden showcases the global context of those advancements.

Illinois Approves Child Development Accounts for All Newborns

Illinois became the most recent state in the U.S. to adopt universal Child Development Accounts on August 23, when Gov. J.B. Pritzker signed legislation to open a 529 college savings plan account with deposits for every child born or adopted in Illinois after Dec. 31, 2020.