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.
(AP) - Nevada again ranked poorly in a national child welfare report, coming in dead last when it comes to education.
In Long Beach Tuesday, the California State University Board of Trustees voted to give campus presidents and other top executives two percent pay raises. Some teachers aren't happy about that.
A major change in lighting for one school district means a one-time energy rebate of $400,000.
California schools have been told they can increase teacher pay using money dedicated to increase services for high-need students.
(AP) - A group that got a judge to overturn California's laws on teacher tenure and layoffs is now going after teacher evaluations.