"Ten of the country’s top higher education associations are setting up a new task force intended to create financial aid offer 'principles and standards' so students understand how much a postsecondary education will cost and better compare offers from various institutions," POLITICO reports. 

... "The 'Paying for College Transparency Initiative' notes that schools provide students with their financial aid eligibility and estimated costs once the pupil has been admitted and completes their FAFSA form. But schools have often used a range of terms and standards when providing this information, adding difficulty to an already confusing process."

“'College leaders agree that students need clear, accurate, and consistent information on aid offers,' said Peter McPherson, the task force’s chair and president emeritus of the Association of Public and Land-grant Universities, in a statement."

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Publication Date: 11/30/2022