Pennsylvania is a state that needs to invest in higher education

(Observer Reporter – Editorial) It’s easy to scoff at the Keystone Scholars grant program, which gives every newborn or adopted child in Pennsylvania $100 they can use toward their education after high school.

Yeah, great, you might think. That will pay for what by 2036 or so? A couple of hours of classroom instruction? A handful of meals at the campus commissary? Parking fees for a semester?

Of course, the $100 the commonwealth chips in at birth isn’t going to go very far when little Emma, Liam, Logan or Charlotte are ready to head off to campus in 18, 19 or 20 years. But its primary purpose is to get parents and guardians thinking about saving for college. When looked at from that angle, it’s a laudable endeavor. It also should be noted it’s being paid for not out of the general fund, but through private donations and surplus investment earnings from the PA Guaranteed Savings Program.

According to state Treasurer Joe Torsella, “Research has shown that a baby with a higher education savings account at birth is three times more likely to pursue education or training after high school, and four times more likely to graduate.”  Read the full story on the Observer Reporter.