• Home
  • Publications
  • Publication Search
  • Young children's perceptions of college and saving: Potential role of child development accounts

Young children's perceptions of college and saving: Potential role of child development accounts

Author(s): 
Sherraden, Michael
Johnson, Lissa
Guo, Baorong
Project(s): 
Children's Savings Account
Publication type: 
Journal Article

This paper explores young children's perceptions and expectations about attending college, and the potential influence of a savings program on shaping children's perceptions about paying for college. As part of a four-year study of a school-based college savings program called “I Can Save”, this paper uses qualitative evidence from interviews conducted in second and fourth grades with a diverse group of 51 children. Findings suggest that most of the children in the study have a general understanding of college and have begun a process of considering higher education. Further, children in “I Can Save” are more likely than a comparison group of children to perceive that savings is a way to help pay for college.

Citation: 

Elliott, W., Sherraden, M., Johnson, L. and Guo, B. (2010). Young children's perceptions of college and saving: Potential role of child development accounts. Children and Youth Services Review, 32(11), 1577-1584

New Book Released

Today’s student loan system is in place because of a political compromise, and growing discontent with student debt may signal that this arrangement has run its course. While there are resources and organizations in place to help those struggling with debt, the time has come to consider a new direction for financial aid, William Elliott III and Melinda Lewis argue in “Student Debt: A Reference Handbook.”

Why KU
  • One of 34 U.S. public institutions in the prestigious Association of American Universities
  • Nearly $290 million in financial aid annually
  • 44 nationally ranked graduate programs.
    —U.S. News & World Report
  • Top 50 nationwide for size of library collection.
    —ALA
  • 23rd nationwide for service to veterans —"Best for Vets," Military Times