If done in isolation, it'll mean the price of college will go up and a lucrative industry of ways to scam 18-year-olds out of their baby bond money will spring

If done in isolation, it'll mean the price of college will go up and a lucrative industry of ways to scam 18-year-olds out of their baby bond money will spring up. Also, it's going to pad the accounts of whatever banks or mutual funds are chosen to administer the system. If I were tweaking the program, I'd make it so that you could withdraw 5% of the value of your savings account each year from 18-22, 10% from 22-25, and get the balance at 25. Give people a chance to learn how the real world works and get scammed with lower dollar values before dumping all this money on them. I'd also consider just making it an outright grant at the time the money goes to the person, rather than a savings account with an accruing balance. This cuts down on the amount of graft that the financial industry can manage, makes the government expenditures more predictable, and eliminates potential injustices based on how well the money is invested.