”We’re scaling up Boston Saves to enroll every BPS [Boston Public Schools] kindergartener in a Child Savings Account. This expansion follows a successful pilot program. All of our kindergarteners will be automatically set up with a savings account for college or career training. To get the ball rolling, we deposit $50 in each account. We’ll offer families educational resources and online tools to help them save along the way. This is one way we are bridging wealth gaps and building financial empowerment in our communities.”

— Boston Mayor Marty Walsh in a message to his city’s students, families, teachers, and staff, Thursday, September 5, 2019