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NYC Gives Every Kindergartner $1,000 for College | Spokane News
Every New York City kindergartner is getting a $1,000 college savings account this fall — the largest of its kind in the U.S., backed by a $53 million investment. Designed to level the playing field, the tax-advantaged 529 plans can fund four-year colleges, community schools, or vocational training. Families can add more, and local businesses are encouraged to chip in through “community scholarships.” While some debated targeting low-income kids, the universal rollout ensures every child starts with a financial head start. It’s a bold, citywide effort to break the cycle of poverty, boost…
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