Student Financial Clarity Act of 2025
House Committee Advances Student Financial Clarity Act to Expand College Cost Data on Federal Scorecard
Legislative Progress
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.
Impact Analysis
Personal Impact
How this policy affects specific groups of people
Milestones
Placed on the Union Calendar, Calendar No. 395.
The bill is now on the schedule for the full chamber to consider. It's in line for debate and a vote.
Reported (Amended) by the Committee on Education and Workforce. H. Rept. 119-461.
Ordered to be Reported (Amended) by the Yeas and Nays: 27 - 6.
The committee approved this bill and is sending it to the full chamber for a vote. This is a significant step — most bills never get this far.
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Education and Workforce.
Votes
No votes have been recorded for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Student Financial Clarity Act of 2025
Data Sources
Sponsor
Cosponsors
(4)Analysis generated by AI. Always verify with official sources.