Mayor Eric Adams announced Friday that New York City and the NYC Kids RISE program will put $100 into the college savings account for every kindergartener attending a public city school.

Mayor Eric Adams this week has been on a mission to help kids across the city learn to read and save for their futures.

New York City Mayor Eric Adams today announced investments in the future of New York City children, giving 97 percent of kindergartners across the city access to a New York City Scholarship Account to save for college and career training in the future.

The city's expansion of a scholarship program for kindergarteners will disperse $6.5 million to 65,300 kids this year.The Save for College Program will automatically give each kindergartener in New York City public and participating charter schools a $100 deposit into a scholarship fund invested in a NY 529 Direct Plan savings account which can only

The college savings program, introduced last year by former Mayor de Bill Blasio, aims to defray the costs of higher education and encourage long-term investing by giving each of the city's public kindergarten students a seed investment that they can access when they enroll in college.

School closures and inadequate remote instruction over the last two years have created a crisis in public education. The data are clear. Across the United States, students have fallen behind by an average of four months in math and five months in English.