Don’t Make fun of California’s bailout reform if recovery is the goal – Daily News

Don’t Make fun of California’s bailout reform if recovery is the goal – Daily News

In our local communities, programs at community colleges provide the training and credentials for those who help businesses run. With these workers, businesses can advance opportunities while helping a thriving regional economy that is inclusive and globally competitive, the very mission of our regional chamber. Our college system sustains the hope, aspirations and success of the nearly a quarter of million credit and noncredit students it proudly serves in the Los Angeles Community College District (LACCD) district annually. The colleges educate students who become essential, productive engines that power the economic wheel, either right out of community college or after transfer to a four-year university. A fair financial aid package investment that helps unemployed and underemployed individuals jump back into the workforce with short-term certificates, earning mid-level, living wage jobs is the outcome of an investment that will bolster our economy. It can have intergenerational impact.

The Equity Framework complements the governor’s proposed state budget, making the future brighter for students trying to succeed in life through higher education while helping business, too. An additional $1.5 billion will be allocated for the California Small News COVID-19 Relief Grant Program, bringing the total investment to $4 billion. This program offers grants up to $25,000 for small businesses impacted by the pandemic. A proposal moving through the state Legislature, the Cal Grant Equity Framework, will begin to remedy some of the long-standing financial aid inequities that persist in higher education, particularly for California’s community colleges. Not only will more community college students be served under the framework, but more students from every sector of California higher education would be eligible for aid while maintaining current tuition and fee coverage or maximum award amounts.

The community colleges know something about supporting our state’s critical small businesses the 116-college system serves as the workforce pipeline of California. These same small businesses support local economies throughout Los Angeles County, making the community college-business relationship extremely copasetic. Just a five percent increase in degree attainment could generate an additional $4.2 billion in state revenue.

Francisco C. Rodriguez is chancellor of the Los Angeles Community College District serving nine campuses. Maria Salinas is president and CEO of the Los Angeles Area Chamber of Commerce. Both live in Los Angeles County. Source www.dailynews.com So, let’s tell our legislators and our governor that a vote for smart financial aid reform is a wise return on investment that will work hand in glove with the governor’s thoughtful budget investments. Now is the opportune time to invest in California’s economic backbone – the workforce of tomorrow—and support the Cal Grant Equity Framework.

The LACCD is one of the largest community college districts in the nation, and many local business leaders fully understand the need and support the essential first step of modernizing our state financial aid system so that it will align with new federal aid guidelines and make higher education attainable for thousands more students. The Cal Grant Equity Framework will expand access to financial aid to more than 280,000 students and remove outdated equity barriers, like age and time out of high school that are used to ration aid.

The News Highlights

  • Don’t Make fun of California’s bailout reform if recovery is the goal – Daily News
  • Check the latest News news updates and information about business, finance and more.
Disclaimer: If you need to edit or update this news from compsmag then kindly contact us Learn more

For Latest News Follow us on Google News


Latest Headlines
  • Show all
  • Trending News
  • Popular By week
Facebook’s earnings doubles, but the company is bracing for a hit from Apple’s privacy reforms
Facebook’s earnings doubles, but the company is bracing for a hit from Apple’s privacy reforms
Facebook (FB) on Wednesday reported revenue of nearly $29.1 billion for the three months ended June 30, a 56% jump from the same period last year when online ...
Spotify’s profitability isn’t a top concern, according to the company’s Q2 data
Spotify’s profitability isn’t a top concern, according to the company’s Q2 data
The company lost €20M ($24M) in the second quarter of the year, and also failed to hit its own growth targets, but there was some good news in the mix … ...
New high-end iMacs are expected to debut next year
New high-end iMacs are expected to debut next year
A ‘high end’ iMac won’t appear until next year, a new rumor claims New larger high-end iMac tipped to arrive next year By Richard Priday 1 day ago ...
TSMC, an Apple supplier, is preparing 2nm chips for 2024
TSMC, an Apple supplier, is preparing 2nm chips for 2024
tsmc semiconductor chip inspection 678×452 TSMC plans to build a new factory on 50 acres of land for two-nanometer chips in Hsinchu, Taiwan, scheduled to ...
NY will require state officials to be vaccinated or tested
NY will require state officials to be vaccinated or tested
New York, like other states, has seen a rising number of coronavirus cases linked to the delta variant: New infections have climbed 150% and hospitalizations ...
According to rumours, the new iPad mini would sport an 8.3-inch display with no home button
According to rumours, the new iPad mini would sport an 8.3-inch display with no home button
Young currently works as an industry analyst following stints in the display divisions of both GE and Samsung. Reports of late have suggested that Apple ...
Florida Mayors Defy DeSantis with Mask and Vaccine Mandates
Florida Mayors Defy DeSantis with Mask and Vaccine Mandates
Miami-Dade County Mayor Daniella Levine Cava said her decision is a response to the surge in new cases and hospitalizations. The mayors didn’t announce any ...
Hospital cuts down on services in response to long nurses’ strike
Hospital cuts down on services in response to long nurses’ strike
The hospital, owned by Dallas-based Tenet Healthcare, maintains that staffing ratios are in line with industry standards. Some staff nurses have returned to ...
Waco Hospitals Requiring COVID-19 Vaccination for Employees |  local news
Waco Hospitals Requiring COVID-19 Vaccination for Employees | local news
All Baylor Scott & White employees, providers, volunteers, vendors, students and contract staff have to be fully vaccinated against COVID-19 by Oct. 1, ...
PUBG’s Taego Improvements in new update can be seen in test server
PUBG’s Taego Improvements in new update can be seen in test server
The PUBG team has “dramatically” increased the number of care packages you’ll see each game through additional tiny airdrops, which should afford more of you ...
Show next
Compsmag - Latest News from tech, business and health
Logo