OH college savings plan headed for approval

CLEVELAND (AP) — A proposal in Ohio’s Cuyahoga (ky-uh-HOH’-guh) County to start off every kindergartner with a $100 college savings account is expected to be approved by county leaders.

The idea was floated in November by Ed FitzGerald, the chief executive in the northeast Ohio county that includes Cleveland. The Plain Dealer (http://bit.ly/XgC8rx ) reports that it is expected to be approved by the county council this month after a committee spent several months reviewing and revising the plan.

The effort — which would kick off this fall with about 15,000 children — would fulfill the county charter’s mandate that county leaders establish a postsecondary scholarship program. FitzGerald said he wanted to create an incentive program for all county children instead of a traditional scholarship.


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

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