Op/Ed: Student debt shows need for 'transparency,' 'accountability' in cost of higher ed

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Op/Ed: Student debt shows need for 'transparency,' 'accountability' in cost of higher ed
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'I believe we all agree that a college education is a financial bridge too far for many Americans today.'

Unless you were living under a rock recently, you know President Joe Biden announced that the federal government would forgive $10,000 worth of student loans, $20,000 if Pell Grants. Regardless of how one feels about this controversial move, it certainly shines a bright spotlight on the high cost of college education.

The good news is a legislative proposal moving in Congress that seeks to bring transparency and accountability to higher education. The aptly named College Transparency Act would require colleges and universities to report student-based outcomes to the public. Reportable information includes integral data like graduate completion rates, student earnings post-graduation and other metrics of higher ed success.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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