UC system takes another step toward keeping students debt-free

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UC system takes another step toward keeping students debt-free
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By officially prioritizing part-time work as a way for students to pay for college, the University of California moved closer to its goal of students avoiding burdensome loans by 2030.

, a de-facto deal in which Newsom is promising 5% in annual increases in education funding for the UC in exchange for key promises on affordability and student success. Those funding increases still need legislative approval.

by 2029-30 for its undergraduate grant aid program through the tuition increases. The current level of aid is $785 million, wrote Ryan King, a UC spokesperson, in an email.at the system. The federal government contributed $420 million toward student grants last year. California programs, chief among them the Cal Grant that covers tuition, poured in nearly $1 billion in grant aid for students last year.

About 109,000 of the 150,000 students who’d benefit from Cal Grant expansion are community college students. Unlike UC and Cal State students, those attending community colleges aren’t eligible for the planned Middle Class Scholarship expansion, though they’d get it if they transfer to a California public university.

“The students who have been last in line for so long, need to get to the front of the line here real soon,” Oakley said in an interview.

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