The College Cost Reduction Act aims to empower students with cost information and enforce accountability on colleges, significantly impacting higher education financing.
Policy experts consider this last attempt a testament to Republicans' commitment to prioritize efficiency in higher education as they regain full control next year.
The bill includes provisions like holding colleges responsible for unpaid loans and enhancing transparency through a universal net price calculator for students.
Even if the bill faces challenges in the Senate, the principles it represents are likely to persist as a focus of GOP legislative efforts.
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