July 17, 2008

An educated consumer gets the best deals paying for college

Posted in Student Loan News, The Financial Aid Process at 1:26 PM by Joe From Boston

…And Congress wants to make sure you’re more educated about college costs and what your options are. The Boston Herald is reporting that Congress is “trying to take the mystery out of the forever-rising costs of higher education by mandating that colleges provide students and their parents more information about how much the average student pays for school, what kind of tuition help they might be able to secure and which universities offer the best bang for the buck. Congress is also calling for an annual “blacklist” of schools with the steepest cost increases.”

But will this help or just create more paperwork for college staff?

Well the jury’s out on that one. Read the whole article here and let me know what you think!