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Improved College Cost Calculators: More Clarity for Students

This act aims to improve college cost calculators available on university websites. It will provide students and their families with a clearer picture of the true cost of education, including fees, housing, and financial aid, making it easier to make informed decisions about college choices.
Key points
Colleges must display cost calculators prominently on their websites, clearly labeled.
Calculators will show detailed cost information (tuition, housing, books) and estimated financial aid, broken down by income categories.
A universal college cost calculator will be introduced, managed by the Department of Education, allowing comparison of costs across different institutions in one place.
Data entered into the calculator will be protected – institutions will not be able to sell or share users' personal information.
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Additional Information
Net Price Calculator Improvement Act
Print number: HR 1214
Sponsor: Rep. Guthrie, Brett [R-KY-2]
Process start date: 2023-02-27