Tag: CU Anschutz
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Baby Bonds in Colorado: What the Numbers Show
A new feasibility moves the conversation from concept to cost, reach and the policy choices ahead. Economist and urban policy scholar Darrick Hamilton formalized the modern U.S. Baby Bonds proposal with his University of North Carolina graduate advisor and research collaborator, William A. Darity Jr., in 2010. The idea was informed by years of research into the racial wealth gap,…
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The Infrastructure Behind Baby Bonds
Colorado’s Baby Bonds feasibility study identifies financial coaching, trusted outreach and support for immediate financial needs as central to effective program design. Baby Bonds are publicly funded investment accounts established for eligible children and allowed to grow into adulthood, when funds can be used for wealth-building purposes such as higher education or training, homeownership, entrepreneurship…
