- Associated Press - Tuesday, August 26, 2014

CLEVELAND (AP) - An official in Cuyahoga (ky-uh-HOH’-guh) County says about 250 parents of kindergartners have registered for a college savings account program that started with the county contributing $100 for each child.

The fund idea was started earlier this year by county executive and candidate for governor Ed FitzGerald.

Ken Surratt, a special assistant to FitzGerald, tells the Northeast Ohio Media Group (https://bit.ly/1BY2yBF ) that 27 of the savings account have received money on top of the $100 in taxpayers’ money used to start each of them.

Voters approved a county charter in 2009 that called for establishing a countywide education fund.

FitzGerald says too few lower- and middle-class families are saving for college, and the program aims to create a local culture that encourages more saving.


Information from: The Plain Dealer, https://www.cleveland.com

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide