The Health Care and Education Reconciliation Act of 2010 helps American families that choose public service. It does several things to make college easier for American families;

1. It invests more than forty (40) billion dollars in college and going forward it will be adjusted to keep pace with inflation or cost of living

2. By 2017, the maximum PELL Awards may be raised to six thousand dollars ($6,000). These are grants and not loans, so they don’t add up to student debt for qualifying families

3. To qualify for student grants and low-interest student loans, fill out the FAFSA forms

4. You may also qualify for up to a $10,000 credit for four years of tuition and related expenses … for your child’s tuition including books. This is called The American Opportunity Tax Credit. It triples the amount you can deduct from your taxes for college.

5. Beginning in 2014, students can limit their payments to 10% of their income with any remaining balance forgiven after 20 years.

6. Graduates who work as teachers, nurses or other public service professions including the military can have their loans forgiven after ten (10) years.