Prominent Child Development Account experts outline a nationwide policy

A group of experts and researchers is making the case for a nationwide Child Development Account (CDA) policy. The group, which includes CSD Founding Director Michael Sherraden and Policy Director Margaret Clancy, recently released the outline in a pair of CDA policy briefs. The briefs are entitled “The Case for a Nationwide Child Development Account […]

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 state capitol, Springfield, Illinois

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.

Nebraska Approves Universal, At-Birth CDA Policy

Nebraska’s legislature today approved a universal Child Development Account (CDA) policy that will cover every resident born in the state on or after January 1, 2020.

Special issue highlights Child Development Accounts globally

Child Development Accounts take center stage in a newly released special issue of the Asia Pacific Journal of Social Work and Development. The sweeping, seven-article issue shows the global context of the emerging asset-building policy. “Many countries are exploring new policy innovations that encourage asset building,” said Michael Sherraden, who co-edited the issue and co-authored […]

Sherraden to speak in D.C. about potential for U.S. kids to build assets

Michael Sherraden will discuss potential federal policy for inclusive and progressive Child Development Accounts (CDAs), so that all U.S. children can accumulate assets, on March 20 at the National Press Club, in Washington, D.C. Several states have already enacted statewide CDA policies, and a nationwide policy is possible. Sherraden is the George Warren Brown Distinguished […]

CSD advises Azerbaijan officials on Child Development Account policy

The Azerbaijan Minister of Labor and Social Protection Sahil Babayev and Social Policy and Services Department Head Himalay Mamishov met with Center for Social Development Director Michael Sherraden, International Director Li Zou and Research Associate Aytakin Huseynli.

On the agenda: How to advance Child Development Accounts

​About 50 researchers, practitioners, policymakers and funders met this month in Washington, D.C., to discuss how to advance the field of Child Development Account programs by making them sustainable and scaleable to reach millions.

Update: Financial Capability Month

Financial Capability and Asset Building for All is one of the 12 Grand Challenges for Social Work and a growing practice in the social work profession. The Center for Social Development is committed to working with its partners to increase the financial capability of individuals, families, and communities across the globe!

Brown School scholars discuss lifelong asset building

​Social Security provides an important base of income, and without it about 50 percent of America’s elderly would live in poverty, said David Certner, legislative counsel and legislative policy director for government affairs at AARP.

CSD leaders chart best practices for Israel’s new CDAs

​Building on a longtime working history, leadership from the Center for Social Development formally advised the Israeli government in May on best practices for implementing the country’s new law to confer universal savings accounts on children born in Israel. The law takes effect in January 2017.

CSD research reveals racial disparities in education debt

New research from the Center for Social Development at Washington University showed that low- to moderate-income black students and graduates accrued $7,721 more education debt than their white counterparts.

Israel adopts savings accounts for children based on CSD recommendation

Israel’s parliament has passed a law funding long-term savings accounts for all newborns, based on a proposal developed by Michal Grinstein-Weiss, associate director of the Center for Social Development, and on research efforts led by Michael Sherraden, director of CSD.

CSD joins launch of Campaign for Every Kid’s Future

​At the Center for Social Development, we believe that financial security should be lifelong, starting at birth and extending from childhood through adulthood. Today CSD is proud to join CFED and more than a dozen other partners in launching the Campaign for Every Kid’s Future.

Sherraden marks Singapore’s 50th Anniversary with lecture on social innovation

Singapore’s innovative response to its rough and vulnerable beginning has shaped the first 50 years of the island country, Michael Sherraden said Wednesday, speaking to a crowd gathered at the National University of Singapore for his public lecture marking Singapore’s 50th Anniversary as an independent nation.

CDA program urged for Israel

​Michal Grinstein-Weiss, Ph.D., the associate director of the Center for Social Development and associate professor at the Brown School at Washington University, presented to a visiting delegation of Israeli government officials in New York City.

SEED OK experiment already making an impact on families, policy

An experiment that models the first truly universal Child Development Account policy in the United States shows early positive impacts for parents and children, according to a research summary recently published by the Center for Social Development at Washington University in St. Louis.

Maine becomes first state to provide college savings for all newborns

This week, the state of Maine became the first in the United States to make college savings for newborns universal and automatic, putting into practice research pioneered by Michael Sherraden and the Brown School’s Center for Social Development at Washington University in St. Louis.