California’s economy is one of the world’s largest, and according to a new report, the state needs 1 million more workers with bachelor’s degrees by 2030 to keep up with economic demand. California’s public universities may be among the most costly for high-income students, but they’re among the least costly for disadvantaged students. That’s because the state does more than most to supplement need-based federal grants with state grants, the institute has found. Each year, the state invests about $2 billion in scholarships called Cal Grants for roughly 360,000 students from low-income families. Those grants help cover the cost of tuition and fees for more than 60 percent of California State University students and more than half of those enrolled at a University of California campus or a community college.

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by Jessica Calefati, Calmatters.

Posted: July 6th, 2017, by: admin. Categories: . Awaiting Comments.