Price Transparency in Higher Education

Price transparency in higher education refers to making the true costs of attending a college or university clear and accessible before enrollment. This includes not only published tuition and fees but also additional expenses, financial aid options, and potential net prices after aid. The goal is to help students and families compare options more effectively, understand the financial commitment involved, and make informed decisions about their education investment. Transparent pricing fosters accountability among institutions and promotes fair competition, ultimately encouraging schools to keep costs reasonable and align their offerings with students’ financial realities.