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Executive Office of the President. Office of Management and Budget (2009). Simplifying student aid: The case for an easier, faster, and more accurate FAFSA. Washington, DC: Office of Management and Budget.

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• TITLE: Toward a Children’s Savings and College-Bound Identity Intervention for Raising College Attendance Rates: A Multilevel Propensity Score Analysis

  AUTHORS: William Elliott, Gina Chowa, Vernon Loke

  KEYWORDS: Wealth, Assets, College Attendance, Identity-Based Motivation, Savings, Child Development Accounts (CDAs), College Expectations, PSID

  JOURNAL NAME: Sociology Mind, Vol.1 No.4, October 14, 2011

  ABSTRACT: It has been suggested that children’s savings programs will be more effective if they are combined with strategies to build children’s college-bound identities. In this study we use a multi-level treatment approach to propensity score analysis to test this proposition. Findings suggest that children who have savings and are certain they will graduate from a four-year college are more likely to attend college than their counterparts. Given this, we suggest that children’s savings policies designed to increase college attendance rates will be more effective if they include strategies for building children’s college-bound identity and college-bound identity programs will be more effective if they are linked to children’s savings programs.