Education Secretary Duncan Highlights Budget Proposals to Increase College
Access and Affordability
The Department of Education's proposed FY 2010 budget overview would
dramatically expand student financial aid while making it simpler, more reliable and more efficient. It builds
on the increases in the recently enacted American Recovery and Reinvestment Act (ARRA) by providing an
additional $17 billion for Pell Grants in Fiscal Years 2009 and 2010; the current year funding is $16.2 billion,
with 6.1 million students participating. The education part of the stimulus package is also providing nearly
$14 billion in tuition tax credits for middle class families, raising the credit to $2,500 from $1,800. Read
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