Not Many Families Accessing California’s College Savings Program for Their Children

Published on May 3, 2024

A California program that helps kids from low-income families save money for college has been under-utilized, program officials said last month. The CalKIDS program, launched in August 2022, opens a small college savings account for every low-income child in grades 1–12 and children born on or after July 1, 2022. According to a March 6 announcement from CalKIDS, only about 300,000 students and families have accessed their accounts—or 8.3 percent of those eligible. In 2021, the state invested $1.9 billion as a one-time grant and pledged $186 million to the program for every year after that, according to state officials in 2021. Joe DeAnda, communications director with the California State Treasurer’s Office, which oversees the CalKIDS program and its outreach efforts, said it’s working with local school districts to raise awareness of the program....

Continue reading on website
Other news

How Canada Was Forced to Build Up Its ‘Tin-Pot’ Navy

May 3, 2024
CommentaryAs the proud possessor of the world’s longest coastlines and home of the world’s sixth-largest merchant navy, one might have thought that the newly independent Canada would have an interest in developing a strong navy. In fact, as a Dominion of the British Empire, it was able to avoid the bother of that by relying on the power of the Royal Navy to protect its shores.It was not until the

Saskatchewan, Alberta Announce Nuclear Power Generation Collaboration

May 3, 2024
Saskatchewan and Alberta will work together on nuclear power generation in a bid to obtain affordable and sustainable electricity grids by 2050, the provinces have announced.The provincial governments signed a memorandum of understanding this week to keep each other informed about supply chains, workforce development, fuel supply, and regulation of nuclear reactor technologies such as small modula