Bill > HR1090

This bill amends the Higher Education Act of 1965 to require colleges and universities to provide more transparent tuition information to students. Specifically, institutions must give each admitted student either a multi-year tuition and fee schedule or a single-year schedule with a non-binding estimate of net costs for the entire program duration. The multi-year schedules can include any percentage or dollar increase the institution chooses and must show costs on a year-by-year basis for the normal program length. If institutions opt for a single-year schedule, they must also disclose the average historical difference between their previous cost estimates and actual net costs. The bill allows the Secretary of Education to waive these requirements if an institution can prove that providing such information is impractical due to severe economic challenges, significant reductions in state or federal aid, or other extraordinary circumstances. The new requirements will take effect 120 days after the bill's enactment, giving colleges time to prepare their tuition disclosure materials.

Education

https://www.congress.gov/bill/119th-congress/house-bill/1090/all-info