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.
October 21, 2021Superintendent Jorge Aguilar called the vaccine requirement “a path forward to keeping our schools open.” The mandate takes effect Nov. 30, seven months before the state requirement begins.
October 15, 2021The state superintendent, other officials look at challenges, solutions to creating equity for all students and families.
September 13, 2021Roughly 1,600 students at Sacramento City Unified schools have chosen to continue learning at home through the pandemic. But most of the kids remain without teacher assignments, and parents say the district has left many questions unanswered.
August 11, 2021California will require that all teachers and school staff be vaccinated or tested weekly for COVID-19, becoming the first state to impose such measures ahead of the new school year.
July 15, 2021A Sacramento City school teacher was recorded using racial slurs in the classroom. But one question from organizers still lingers: In a district that has mandatory anti-bias training for teachers, how could this incident happen?
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