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.
A UC Berkeley report finds California school facilities are underfunded, and that’s putting more stress on the budgets of districts serving low-income students.
(AP) - The former administrator of a Sacramento-area Indian tribe has quit his job as a business instructor at American River College after pleading guilty to helping steal more than $17 million in a kickback scheme.
A recent study shows many sixth grade science textbooks in California frame climate change as uncertain in the scientific community and that it may or may not be human-caused.
Sacramento State has announced plans to build a state-of-the-art education building that will include high tech teaching labs for the Biology and Chemistry departments.
The University of California wants to increase its undergraduate population by about 5 percent.