Efforts to address child poverty — with good reason — typically focus on the more immediate needs for children and families: the availability of basic assistance, of child care and preschool, of health care coverage, of free and reduced-price school meals, of the federal child tax credit. All vital and deserving of support.

The problem, notes state Treasurer Mike Pellicciotti, is child poverty’s persistence through childhood and into young adulthood and the lost opportunities for education in college and trade schools and the capital that more well-off families can call on to help young adults begin to build financial stability and generational wealth.

Recommended for you