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.
California's high school graduation rates rose for the seventh consecutive year according to data released by the state Department of Education.
After Encina Prep was flagged as a failing school, teachers and administrators re-designed the entire school day around a model known as Advocacy. Five years later, teachers say they see a stronger school community. But test scores remain flat.
High school students who are suspended are at greater risk to drop out and they earn less than peers who graduate. Now a study from the University of California looks at the economic costs of suspension.
Bleary-eyed teenagers shuffling to school barely after daybreak could become a thing of the past if a state lawmaker has his way. A new proposal would push back middle and high school start times to at least 8:30 a.m.
What kind of qualities should Sacramento City Unified School District's next leader have? That's one question SCUSD is posing to the community in a series of town hall meetings starting tonight. A total of seven town halls will be held.