WSJ News Exclusive | Most Colleges Give Inaccurate Price Details in Financial-Aid Letters, Federal Report Finds

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More than 90% of colleges incorrectly detail costs in financial-aid letters, the U.S. Government Accountability Office says, slamming aid-package descriptions as inadequate and misleading

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“I am disgusted at the endemic level of deception currently happening at colleges and universities,” said Rep. Virginia Foxx , who as ranking member of the House Committee on Education and Labor requested the GAO review. She and Rep. Lisa McClain planned to introduce legislation Monday requiring that colleges increase cost transparency.

The GAO focused its review on aid offers for students who received Pell grants, which are generally earmarked forLow-income students “may suffer severe consequences if they do not have access to clear information on which to base financial aid decisions,” the GAO wrote.

 

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American and European education is robbery. Undergrad costs 150K and Post Grad 100K. Outsource to India for 1/10th of these costs. Not everyone needs a Sergey Brin to graduate.

Corruption in our broken education system?! Impossible since it's not a flaw it's a feature

My daughter's dream college said she would be getting an $18k/year 'loan.' When I mentioned that elementary school teachers shouldn't have $72k debts when they graduate, I was informed that it was a mistake. It should have said 'grant.' They really needed a Hispanic oboe player.

To lift world's public opinion pressure, the IR changes name of the 'Morality Police'. However, Iranian women & girls are still beaten, imprisoned or killed like MahsaAmini for mandatory dress code. Don't let the IR fool you with lies and be Iranian's voice. IranRevolution

Been going on for years

To lift world's public opinion pressure, the IR changes name of the 'Morality Police'. However, Iranian women & girls are still beaten, imprisoned or killed like MahsaAmini for mandatory dress code. Don't let the IR fool you with lies and be Iranian's voice. IranRevolution

That is what’s called Standardizing the lie. You think they all came up with the same lie on their own?

Universities and colleges are a cash cow and are fleecing the US public. It's criminal but what can you do?

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