RSS   Follow us on Facebook   Follow us on Twitter
College Search | Financial Aid | My Favorites | About Us | Sponsors | College News


Congress calls for clarity in the financing of a college education

Wednesday, December 26, 2012
Researching the cost of a college education can be overwhelming. While all colleges that participate in federal financial aid programs are required to provide a net price calculator on their Web site, some members of Congress believe more can be done to take the mystery and confusion out of financing higher education.

According to Bloomberg News, Congress is set to take action requiring colleges to be more transparent about the true cost of college and how a graduate’s future earnings will impact his or her ability to repay college loans. This bipartisan Congressional bill is the latest attempt to curb the crushing student debt that some say may undermine economic recovery in the U.S.

Republican Senator Marco Rubio (R-FL) is a supporter of the proposed bill. Rubio said that students "should know how much they’re going to make and how much they’re going to owe, so they can take that into account," the news source states.

Earlier this month, former Secretary of Education William J. Bennett wrote on CNN Opinion that the nation's total student loan debt had exceeded $956 billion, and that one in five U.S. households is affected by student debt. Mr. Bennett and others are advocates of smarter borrowing, with students and families carefully considering their college choice and financial aid options. With more comprehensive counseling from college financial aid officers and the expected passage of a law requiring colleges to use a standard financial-aid award letter, so students can easily compare offers, college-bound students should be able to pay for college without jeopardizing their financial future.ADNFCR-16000756-ID-800933370-ADNFCR - helping you find colleges and universities that offer the accredited programs that most interest you.

Share |

Congress calls for clarity in the financing of a college education
School Zip City/Metro area

Name or keyword
State or Province
School Type
View College fairs calendar


Pace University
Known for its exceptional academic experience and preparing students for careers, 1,200 students yearly participate in the University internship program, the largest in the NY metro area.

Mount Aloysius College
Our liberal arts core curriculum provides the necessary basis for leadership and the knowledge and skills for success in a wide range of professions.

Roger Williams University
Come for the 40+ majors, 20 varsity athletics teams and 60+ clubs and orgs, stay for the top-rated food and waterfront views.

Lesley University
Offering degrees that prepare students to become leaders in education, human services, the arts and environmental studies.

Niagara University
Niagara University emphasizes ethics, lifelong learning, and service to others to prepares for lives and careers that are both successful and fulfilling.

Polytechnic Institute of NYU
Polytechnic Institute of NYU is New York metropolitan's major educational resource in science and technology education and research.

University of Phoenix
U of P Online, a true innovator in distance education, allows students to earn their degrees and advance their careers - all online.

Copyright © 1995-2018 School Guide Publications. All rights reserved.

Website Design and Development by mediaSPA
Powered by mediaSPA