Opinion: College Costs Must Be Transparent: Congress Has to Require Schools Provide Families with the Actual Price of Attending

"The financial aid letters that colleges send to families are misleading, even deceptive. This makes it nearly impossible for families to know what they will pay for college, known as a college’s net price. This occurs because federal law does not require colleges to give families financial aid information in a clear and consistent way as it does for mortgages or credit cards," New York Daily News writes

... "'Students and families need clear and understandable financial aid information…. The GAO report…highlights the way schools are falling short….' said Justin Draeger, president of the National Association of Student Financial Aid Administrators."

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: 3/15/2023

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