Many experts on paying for college say it's essential to encourage families to start saving while their children are young. But Cuyahoga County, in Ohio, is moving to abandon a two-year-old program under which every kindergarten student received a $100 savings account, Northeast Ohio Media Group reported. Officials said too few families added to the accounts, so many felt the program wasn't working.
In San Francisco, where a similar program is based on a match of family contributions, CNN Money reported that low-income families have saved $1 million for college in the last four years.
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