Putting Education Reform To The Test

Florida Schools Using New Federal ‘Shopping Sheet’ To Explain College Cost

More than 300 schools — including Miami-Dade College, University of Miami, Rollins College and five others — are using a new, simplified from to explain to students how much their degree will cost. The goal is to help students make informed choices and cut down on the the rising rate of delinquent student loans — now 13.4 percent.

The federal government and more than 300 colleges and universities want to make sure students “know before they owe” what could be bills for thousands of dollars awaiting them down the road.

That’s what Richard Cordray, the director of the Consumer Financial Protection Bureau, said this summer when his office introduced its college costs “shopping sheet.”

Read more at: www.mcclatchydc.com

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