New bill aims to clarify hidden costs of public college board education
A recent study reveals that many students overestimate the cost of public college board education. To tackle this issue, Sen. Bill Cassidy, R-LA, has proposed the College Transparency Act. The legislation aims to improve transparency in college costs, following a House hearing in September on the same topic.
Students often struggle to find reliable information about the financial aspects of their prospective institutions. Cassidy's act seeks to address this by providing clear data on graduation rates and projected incomes upon earning a degree. Mark Huelsman, Director of Policy and Advocacy at The Hope Center, argues that while transparency is crucial, it must be accompanied by efforts to make college more affordable.
Congress is now focusing on reforming college cost transparency, with several potential legislative solutions on the table. These include Cassidy's College Transparency Act and Sen. Jon Husted's Debt, Earnings, and Cost Information Disclosure for Education Act. The College Transparency Act has gained support from numerous organizations, such as the Institute for Higher Education Policy, the Association of Public and Land-grant Universities, and more than 150 other entities.
The College Transparency Act, backed by Sen. Bill Cassidy, seeks to enhance transparency in college board costs. With Congress focusing on reform, potential solutions like this act and Sen. Jon Husted's legislation could help students make more informed decisions about their education.
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