California’s top two education officials said Friday that the state plans to offer some $2 billion in tax credits to help students pay for college.
The $2.3 billion in grants will be available to families making up to $75,000 per year and to low-income families.
The state will also give away $2 million in federal loans and grants to help states pay for higher education.
Gavin Newsom and Education Commissioner Dan Bishop said in a statement that the funds will be part of the state budget, which is expected to be finalized in the coming months.
“California will continue to work toward improving student outcomes and working with our students, families and our elected officials to strengthen our state’s educational system,” they said.
Education reform groups have long questioned the viability of a state-sponsored plan for college affordability and say that the proposal does not go far enough.
Last year, a coalition of education reform groups, including the American Association of University Professors, the National Education Association, the American Council of Teachers of English and the California Federation of Teachers, wrote a letter to Gov.
Kamala Harris asking her to support a statewide plan that would provide tax credits for students to pay for the tuition and fees of public universities and colleges.
Bishop said in the statement that Harris had committed to making the proposals in her budget.
We are pleased that California will commit to a plan that will make it possible for students, parents and students to continue to attend quality public higher education institutions and support the state in providing them with the opportunity to earn a degree,” Bishop said.