The Obama administration has proposed benefits to help pay for college, but they will not be available until July 1, 2010.Another problem is that Congress may reject the proposal, which is being seen as the broadest overhaul of federal college aid programs in decades.
The major administration proposals include the size of Pell grants, direct student loans from the government, and the expansion of the Perkins loan program to provide borrowing options for students.
Every little bit helps indebted college kids and the changes that the administration is in the process of making may be able to help them.
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