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California State Treasurer Fiona Ma is increasing efforts to get students and families to sign up for CalKIDS, a state-backed program to address educational inequity, with only 6% of eligible newborns having claimed their accounts.
The CalKIDS program provides a college savings account for K-12 public school students from low-income backgrounds and children born after 2022. With only 6% of students signed up, officials are increasing outreach efforts to get families involved.