A Promise from the State to Families, to Fight Rising College Costs
SACRAMENTO, CA – Assemblyman Mike Gatto (D-Los Angeles) announced that he will unveil landmark legislation tomorrow to help families pay for college. “California Covenants” will allow families to lock in current tuition rates for future attendance at universities within California. The state and certain private universities will commit to honoring those lower rates for families who opt to plan for college using this mechanism.
“It is the goal of most working-class parents that their children attend and graduate college,” said Assemblyman Gatto. “Many such parents commit to making this happen. 'California Covenants' means that the state will help families realize this goal, and make a commitment to these families in turn.”