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New Mexico’s Baby Bonds Plan | Santa Fe News

New Mexico’s Baby Bonds Plan | Santa Fe News

Published 4 weeks ago
Description

New Mexico’s state treasurer is launching “baby bonds” — $7,000 invested for every child born, growing until age 18 for college, housing, or business. Designed to break poverty cycles and give every kid a financial leg up, this bold plan could keep young New Mexicans home, boost the state economy, and cut future aid costs — even as legal and funding questions linger.

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