Los Angeles officials announced the launch of Opportunity L.A., which is said to be the largest children's savings account program in the nation.
BOYLE HEIGHTS, LOS ANGELES -- On Monday, Los Angeles officials gathered to announce the launch of the city-wide program called Opportunity L.A. It's a savings account program to prepare first-grade LAUSD students for higher education.
According to city officials, the program has now opened 44,363 accounts for first graders across the region. Martinez said, this program comes after launching a pilot in spring 2021 when they did the same thing but for first-grade students in select high-need schools in LA Unified. The program accounts are through Citibank.
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