05 November, 2025
12:00pm-1:00pm
Zoom Register

Baby Bonds and the American Dream in Arkansas

Two key ingredients for economic well-being are income and wealth, and for many Arkansans, both are challenging. In fact, nearly half of households in the state struggle to cover the bare minimum of basic necessities, such as housing, food, transportation, and health and child care. Baby Bonds is one effective policy tool for investing in Arkansas families and the future. Under Baby Bonds, the state creates and funds an initial endowment for each child born in poverty. When the child is eligible to withdraw the funds at adulthood, the endowment has grown considerably. Withdrawn funds can be used for approved wealth building purposes, including post-secondary education, home purchase, and starting a business. Recipients invest where they live and contribute to the Arkansas economy. Join David Radcliffe, Director of State and Local Policy, Institute on Race, Power and Political Economy at The New School, and Pete Gess, Economic Policy Director, Arkansas Advocates for Children and Families, as we discuss the potential of a Baby Bonds program in Arkansas.