CLEVELAND: A top government official in Northeast Ohio’s Cuyahoga County says he wants to start off every kindergartner with a $100 college savings account.
Ed FitzGerald, executive for the county that includes Cleveland and suburbs, tells the Plain Dealer he thinks the move will create a “culture of college attendance” for children and their parents.
The effort — which would kick off next fall with about 15,000 children — would fulfill the county charter’s mandate that county leaders establish a postsecondary scholarship program. FitzGerald said he wants to create an incentive program for all county children instead of a traditional scholarship.
According to research, children who have designated some savings for school are nearly four times more likely to attend a four-year college than those with no account.