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NYC Council Members Voice Support for Expanding the NYC Kids RISE Save For College Program Citywide

Supportive Op-Ed from Queens Council Members Comes After the Enrollment of a Third Cohort of Students to the Save for College Program in School District 30 

New York, NY – On February 4, Council Members Daniel Dromm, Costa Constantinides, Francisco Moya and Jimmy Van Bramer published an op-ed in the Gotham Gazette outlining the success of this program to date and their support for the expansion of the NYC Kids RISE Save for College Program citywide. These council members all represent parts of School District 30 – where the program is currently being piloted – and have witnessed first-hand the benefits of this program on their communities. 

In the op-ed, the council members expressed their shared commitment to bringing this program to all 83,000 kindergarteners in the New York City public school system each year: 

“We believe that every New York City community would benefit from this program. That’s why we are working together to bring universal college savings accounts citywide, to all 83,000 kindergarteners who enter the New York City public school each year. We will work with our colleagues in the City Council, the Mayor’s Office, our partners at NYC Kids RISE, and other philanthropic and nonprofit partners to support the expansion of this program to new communities and boroughs.

This universal college savings and community wealth building initiative will not only reduce the cost burden of higher education but also bring our communities together to invest in our city’s future. Please join us in showing our children that their communities have their backs.”

This op-ed was published following a celebration to welcome the third cohort of students – bringing the total number of students in the Save for College Program in District 30 to 10,000. The celebration at The Ruby G. Allen School – P.S. 148 Q was attended by Schools Chancellor Richard A. Carranza, Council Members Daniel Dromm, Francisco Moya and Jimmy Van Bramer and featured in QNS.com, NY1 Noticias, El Diario, and Queens Latino

At the event, Chancellor Carranza also shared his commitment to this program, speaking in both English and Spanish to the diverse crowd of families in the room: 

“When a student sees their parents open an account that is specifically for college, there’s no more powerful lesson for that student. It’s more than just saying you’re gonna go to college, it’s more than just saying we want you to go to college, it is a parent taking an active step [to] set the pathway for students to go to college. What we are doing today is empowering New York City.”

In addition, Council Member Dromm shared his commitment to fighting to fund this program in this year’s City budget: 

“In New York City we are saying that no matter what your immigrant status is, you can open an account and begin to think about sending your children to college. I’m going to fight to get $6 million put into the city budget so we can guarantee this program in three additional districts and eventually in every district in New York City.”


About the NYC Kids RISE Save for College Program The NYC Kids RISE Save for College Program provides families, schools, and communities with a way to work together to save for their children’s futures. It’s a scholarship and savings program designed to make college and career training more accessible and achievable for all NYC public school students, starting with all kindergartners in School District 30 in Queens—regardless of their family’s income or immigration status. The Save for College Program is a tool that families, along with their schools and neighbors, can use and customize in the way that best fits into their lives and best supports their dreams for their children.  


About NYC Kids RISE NYC Kids RISE is a nonprofit organization working to expand economic opportunity and equity by providing families, schools, and communities with a way to work together to save for their children’s education. Building on the dreams and expectations that families have for their children’s futures, NYC Kids RISE aims to make attending and graduating from college and career training more achievable for all NYC public school students—regardless of where they come from or how much their families have in the bank. NYC Kids RISE manages the Save for College Program in partnership with the NYC Department of Education and the City of New York, with founding support from the Gray Foundation. Each NYC Scholarship Account was opened with a $100 seed investment from NYC Kids RISE, with additional opportunities for matching funds and contributions from organizations, businesses, and community members. Following the three-cohort pilot launched in 2017, NYC Kids RISE hopes to expand the program to reach all NYC public schools.   

 

MEDIA CONTACTS: Carolina Valencia, NYC Kids RISE | cvalencia@nyckidsrise.org; 718-806-7872 Anna Durrett, Global Strategy Group | adurrett@globalstrategygroup.com; 415-203-1455   


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