Higher-Ed Groups Create Task Force to Clarify College Costs

"Last week, a group of higher-education associations announced the creation of a task force that aims to increase clarity around college costs and financial aid," Associations Now reports.

"The Paying for College Transparency Initiative, announced Nov. 29, is spearheaded by the National Association of Student Financial Aid Administrators (NASFAA), but also includes representatives from groups serving admissions counselors, community and state colleges, higher-education executive officers, and more.

NASFAA president Justin Draeger says the task force is designed to help students get a better picture of college costs in an environment when most have to find funding from a variety of sources—scholarships, grants, loans, and more.

'The entire system inherently has a lot of complexity,' Draeger said. 'What we’re trying to tackle is, how do we deliver all that information, which can be immense and overwhelming to students, in a way that’s clear and concise and helps them compare the costs of different colleges?'

Draeger said he began discussing the idea of a task force last summer with Peter McPherson, president emeritus of the Association of Public and Land-Grant Universities, and other participating associations were soon brought in."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented. 


Publication Date: 12/6/2022

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