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 shortage of teachers in Washoe County has forced the school district to fill vacant positions with more substitute teachers. That is reducing the pool of available substitutes for short-term assignments.
University of California students are getting at least a temporary reprieve from tuition increases scheduled to take effect in the coming academic year.
A British university has moved a step closer to establishing a campus in Placer County.
(AP) - Students at 13 California State University campuses will be getting access to a new online textbook resource in hopes of offsetting the burdensome cost of traditional textbooks.
A group of non-profit organizations in Sacramento County are moving forward with a campaign to improve the health of black children and lower their mortality rates.