Professor William Elliot III provided testimony as an expert witness at the United States Senate Committee on Finance hearing on child savings accounts and other tax-advantaged accounts benefiting American children.
“Children’s asset investments are more than just financial benefits for higher education: they have demonstrated the potential to transform the opportunity landscape—and in the process, to reset young people’s confidence in U.S. institutions and their ability to deliver equitable returns,” said Elliott. “CSAs help create an environment for forming tangible hopes. What makes them tangible is that they give children a stake in the future—their own, and ours. They give them the power to purchase a piece of their future today.”
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