Consumer Agency Looks to Simplify Financial Aid Through New Project
Charleston Gazette › October 26, 2011
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Summary
NEW YORK - The true cost of college may soon be easier to predict.
The Consumer Financial Protection Bureau and Department of Education on Tuesday announced a project to simplify the financial aid award letters that colleges mail out to students each spring. The goal is to help families compare costs of various schools more easily.See the full content of this document
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Consumer Agency Looks to Simplify Financial Aid Through New Project
As it stands, critics say colleges often obscure the inclusion of student loans in financial aid packages to appear more affordable.
For example, the letters often highlight an "out-of-pock...See the full content of this document
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