on the Economic Well-Being of United States Households in 2018 by the Federal Reserve found that 2 in 3 graduates with a bachelor’s degree or higher feel that their educational investment paid off financially, but only 3 in 10 students who started higher education programs but did not complete a degree share this view. (9) The United States urgently needs a new, innovative approach to financial aid to help low-income students achieve their educational goals, graduate with affordable amounts of student loan debt, and improve their financial capability. 3. Purpose It is the purpose of this Act to— (1) establish a proven and innovative matched savings program for low-income students that provides the financial resources and support those students need to attain their educational goals