Pres. Bush’s FY09 budget makes some student loan changes

Here’s a brief outline of some changes in the proposed Fiscal Year ‘09 budget:

Increase Pell Grant for 2009-2010 school year to $4,310
Eliminate the Perkins Loan
Limit public sector loan forgiveness to loans originated on or after July 1, 2009
a 50-percent tax credit for the first $2,000 that moderate- and low-income parents invest per year in 529 tuition-savings accounts
$70 million to train teachers to teach Advanced Placement and/or International Baccalaureate courses as well as expand lower-income students’ access to these courses

This is just a small selection of what the President proposed - now comes the political wrangling to determine what actually happens
some student loan changes.