Federal Grants, Tax Breaks Help Reduce Tuition Pain

Millions more Americans are getting federal college grants and tax breaks.

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The outlook for both net and sticker college prices is worrisome, college officials say. Although President Obama has called for further improvements in federal financial aid and the continuation of the American Opportunity Tax Credit, approval of costly items is likely to run into political opposition. The AOTC is currently slated to sunset at the end of this year

[Read about how to take advantage of college tax credits.] 

If financial aid starts to lag behind annual tuition increases, "next year's 'net' will probably have a bit of spring to it," worries James Boyle, president of the College Parents of America.  In fact, he adds, it may be, "more like the 'trampoline' price."

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