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Lawmakers, experts back standardized aid offers, better net-price tools and price guarantees to reduce sticker shock
Summary
Witnesses and lawmakers in a House Education and Labor subcommittee hearing urged standardized financial aid offers, improved net-price calculators and limited price guarantees so students see an accurate, comparable “all‑in” cost early in enrollment.
Members of the House Education and Labor Subcommittee and witnesses outlined a set of bipartisan proposals intended to give families clearer, comparable information about college costs.
Justin Draeger of Strada Education Foundation said families want three things: “1 clear all in number as early as possible,” a guarantee that price “won't change while they're enrolled,” and “1 clear sense of return on their investment.” Draeger urged standardized plain-language pricing and fixes to incentives that lead institutions to raise sticker…
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