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LAS VEGAS (AP) — Officials with the Nevada State Treasurer's office are in Las Vegas to kick off the second year of a program that opens up thousands of college savings accounts for Nevada's kindergartners.
Treasurer Kate Marshall is joining Clark County School District Superintendent Pat Skorkowsky on Tuesday for a launch event at John Bonner Elementary School. Similar events were held in Reno earlier this month.
About 35,000 college savings accounts with $50 each in seed money were opened last year through the Nevada College Kick Start Program. Another 35,000 are opening this year.
The accounts are funded with fees paid by the investment firms that administer Nevada's 529 college savings plans.
Marshall cites studies that say students with savings accounts are seven times more likely to attend college than students without.
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