California lawmakers have loosened the purse strings on an existing $475.2 million education fund that can now be tapped for college students in dire straits, under new legislation recently signed by Gov. Gavin Newsom.
“Higher education has the power to transform lives, and all hardworking young people in our state deserve a shot at it,” Newsom said in a media release. “This package of bills strikes at the forces that keep the doors of opportunity closed to too many people in our state. Together, we’re improving affordability, transparency and integrity in higher education.”