Four bipartisan invoices were introduced into Congress last week that all aim to increase the Transparency of the information that students receive about the cost and payment of the university throughout their postsecondary education, a change that the Experts and defenders say they would be useful, but still it would not solve the crisis of the student debt.

Senators Chuck Grassley and Joni Ernst, both Republicans of Iowa, together with Senator Tina Smith, a Minnesota Democrat, presented three bills on April 29, the Law of Improvement of the Net Price Calculator, the understanding. The true cost of College's law and the Sabo before the Federal Student Loan Law owes.

A day before, the Student Loan Disclosure Modernization Act was reintroduced by representatives, Emanuel Cleaver, a Democrat of Missouri and Jim Banks, a Republican of Indiana, along with the Senators, Tim Scott, a Republican of South Carolina and Joe Manchin, the Democrat of West Virginia.

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    The invoices would provide clearer information about university finances for students, starting with their search for possible schools and continuing until they graduate. Congress has already made part of the financial aid process, facilitating the approval of legislation in December that will simplify the free request for federal aid for students from 108 to 36 questions.

    "All this is critically important to obtain clear information to students at different points of their financial aid trajectory through their postsecondary experience," said Laura Keane, Policy Director at Uaspire, an organization without Performance advising some 10,000 students per year on how to pay for college.

    that begins with the net price calculator enhancement law, which would make net price calculators online easier to use and accessible, which would allow students to understand the net price to attend to different universities before deciding where to apply.

    Institutions would be required to put their calculators on web pages where future students would be more likely to look for cost information and make the net price the most prominent figure on the results screen. Currently, they are only required that they are on the site somewhere. The bill also authorizes the Education Department to create a universal calculator that allows students to respond to a set of financial and academic questions and receive a list of net price estimates for Multiple colleges.

    Once students are accepted a university and receives a financial aid package, the understanding of the true cost of the College Law would provide clarity about the price tag of their university education and would standardize that information so that it can Compare among the institutions.

    "When" you buy a car, you walk up to a car and you see a window label that has common terms and common definitions presented commonly, "Keane said. But that is not the way in that works for higher education, where the lack of federal regulations means that some terms of financial aid, such as net cost, may have different definitions and calculations in different institutions.

    "is really difficult for them to Students make this comparison without making a lot of excavation and find out the terms and call the financial aid office, "said Michele Streeter, Senior Policy Analyst at the Institute of Access and Success.

    The Office Federal Help Help from students issued recommendations in April 2019 for universities to help their financial aid be clearer for students. The understanding of the true cost of the Colle Law GE would go much further by requiring institutions to use a uniform financial aid supply form with basic information minimums that must be included in the F

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