Posted on 01/02/2019 8:23:31 AM PST by rightwingintelligentsia
The year ushers in some changes that will affect Pennsylvanians' lives beyond swapping out the wall calendar. Here are 12 of them.
With the new year comes change -- and in Pennsylvania some of those changes will probably affect your life. Whether you're a state work, awaiting the birth of a child, drive a car or attend college, here are 13 changes you'll see in 2019.
--snip--
Babies born in Pennsylvania or adopted by Pennsylvania residents, starting on Jan. 1, will automatically receive a college savings account that has a $100 deposited into it.
The Keystone Scholars program is intended to provide seed money to encourage families to save for the child's post-secondary education, which is increasingly becoming a requirement in the 21st century workforce.
According to University of Kansas associate professor William Elliott, who has written extensively on children's savings accounts, children who have even small savings accounts for college are seven times more likely to attend and graduate from college than those who have no savings accounts.
(Excerpt) Read more at pennlive.com ...
Good grief - what next? Some bright person thinks the parents are going to be faithful in depositing funds to those accounts? I guess they all get a certificate of OPTIMISM at the same time as the $100 goes into the account!
Better watch him with the lawnmower
Just a Liberal Governor throwing more of our money around.
It isn’t really savings if it’s somebody else’s money being deposited.
How many families will break their backs trying to get that $100 to buy drugs and such?
He had an issue with his lawn mower a couple years back.
The problem was it was out of gasoline. Again, another true story.
Anytime someone has a water well issue in the office, somebody immediately yells outs: Hey, Eric who do you call to fill up your well. Things like that never get forgotten.
so this cannot be seed money to start a business?
So this is more nea garbage?
According to University of Kansas associate professor William Elliott, who has written extensively on children’s savings accounts, children who have even small savings accounts for college are seven times more likely to attend and graduate from college than those who have no savings accounts.
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This is a stupid premise, for the children that had any savings accounts for college were themselves or have adults around them who placed a value on the future and higher aspirations. This is about the cultural capital at home, not numbers in the bank handed to them.
Ha!
I can emphasize with Eric getting teased like that, ha ha
RE Personal Experience:
I was a car mechanic for a few years myself. Made good money, just got REAL tired of being grease-covered and smelling like gasoline all the time, no matter how much I showered.
Wasn’t bad, and it also taught me to be able to work on my own vehicles.
But yes, I agree with you about the instant rich thing.
“This is about the cultural capital at home, not numbers in the bank handed to them.”
*BUMP*
I was all ready with a long speech, but you saved me a lot of time! :)
Happy to help!
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