OBAMA SCHOOL LOANS | FINANCIAL AID

Other than talk about the importance of going back to school, President Obama has done little to actually make it easier. In fact, he is proposing a government takeover of the whole student loan process that might make it even harder to get that loan. While we wait to see what happens with the Obama student loans debate, you might want to sign up for a FREE NO OBLIGATION monthly drawing for a college scholarship:

OBAMA SCHOOL GRANTS

President Obama has made it clear in one of his speaches that everyone should be going to school if they have the chance. This includes back to school moms and return to school moms who might have a chance to get a better education.

Are there any specific Obama school grants out there that are new that have been created just by him? The answer to that is "NO" I believe, although he has upped the amount that Pell grants can be for from $4,050 to $5,100.

There is also information about the American Opportunity Tax Credit which will make the first $4,000 of a college tuition free for many Americans. It will cover about 2/3 of the tuition cost for an regular public college. This Obama tax credit will be helping families that are in the low income tax bracket and who need it the most.

People are in real need of financial aid for college and schooling right now has it has gone up so much in the last ten years. Everyone agrees that college is very important for young people who are the future of this country. If college becomes too expensive for many of them, we will have a new generation of workers who will not be as educated as previous generations and that will further contribute to America's woes.

Obama school grants would be something that many people would be excited to use and greatly benefit from. Unfortunately, the US government is in such financial trouble that there is just not enough money to go around. The stimulus bill grants and loans have helped many companies and local communities but it there has been very little for education to help schooling for the general public.

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