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Net Price Calculator Improvement Act
Key claim: The Net Price Calculator Improvement Act (S1557, 119th Congress) would improve institutional net price calculators that help students estimate the cost of college.
Abstract
(S1557 · 119th Congress) Latest action (2025-05-01): Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Why this matters
Net price calculators are the primary federally-mandated tool prospective students use to estimate real out-of-pocket college costs after grants and scholarships. Incremental improvements to their accuracy, comparability, and usability affect enrollment decisions and price transparency across higher education, a recurring policy concern alongside FAFSA simplification and cost disclosure reforms.