Student Financial Clarity Act of 2025

Key Points

• Congress would require the Education Department to post clearer, program-by-program college cost and outcomes data on the College Scorecard website.
• A new federal “net price” calculator would let families estimate what they might actually pay after grants and scholarships, not just the sticker price.
• The public data would include ranges (average/median/min/max) for required costs, aid, debt, repayment, and earnings, and allow easy school and program comparisons.
• The information would be broken down by student groups (like income level, race/ethnicity, disability status, in-state vs out-of-state, and Pell Grant or loan status).
• The changes would start July 1, 2027, and apply to the 2027–2028 financial aid year and later, affecting schools that take federal student aid funds.