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.
Sacramento Regional Transit has identified a way to find entry-level mechanics to replace the dozen or so mechanics who retire or leave the agency every year.
Some Sacramento high school students are getting their poetry in front of a lot of people this fall. You'll have to get on a bus to read them.
California schools are limited in how much of a foreign language they can use to help English learner students. Prop. 58 would undo those limits.
Proposition 58 eliminates a law that schools teach students in English only.
Each spring, a group of UC Davis student scientists and their professors take a whitewater rafting trip through the Grand Canyon to study a river that sustains 40 million people. Capital Public Radio’s Amy Quinton traveled with them.