The credits would be available to individuals earning less than $100 thousand per year and couples earning less than $200 thousand.
Assembly member Susan Bonilla authored the bill. She says students from all backgrounds should be able to afford a college education.
“This is a bill that, particularly for younger families, says we’re aware of the importance of college," says Bonilla. "But we’re also aware of the burden it’s going to cause and as a state we want to get behind you as you save.”
Bonilla says saving makes a difference because children with a college savings account attend college at a rate seven times higher than those without.
Bonilla says total student loan debt in California amounts to nearly $100 billion. Backers of the bill say that’s money that could be better spent boosting the state’s economy.
The bill will be heard in a policy committee in the coming weeks.
Tenth grade students at Encina High School speak out about President Donald Trump's Inaugural speech.
(AP) - The head of the school district in Reno, Nevada where a campus officer shot a knife-wielding high school student is praising the quick response that she says helped avert what could have been a much more dangerous situation.
Sacramento City Unified already has anti-deportation policies in place. This evening it will vote to be known as a “Safe Haven” for undocumented children and children of undocumented parents.
California schools can now apply to receive millions of dollars of computer supplies—part of a decade-old payout from a class-action settlement against Microsoft.
The head of the National Society of Black Engineers, Karl Reid, was in Sacramento Tuesday to take part in a forum at Washington Elementary School to get more low-income children of color on the right pathway to careers in science and engineering.