LOS ANGELES—A program to give first-grade students in Los Angeles a savings account with a $50 seed deposit was expanded to include all Los Angeles Unified School District (LAUSD) first graders, city and county officials announced Monday, calling it the largest program of its kind in the nation. The Opportunity LA program began in Spring 2021 for first-grade students at select high-need LAUSD schools. It was expanded this spring to automatically enroll every first-grade student at all 519 LAUSD elementary schools. “Too many children simply can’t afford higher education,” Los Angeles City Council President Nury Martinez said. “Because of the work we’ve done here and the funds we’ve invested, 44,363 children can now plan for a future that includes higher education. I’m very proud of this partnership and I cannot wait to see what these children achieve.” Along with the $50 seed deposit, families who file their taxes with Los …
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