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Date: 7/25/2013 1:22 AM UTC

Wouldn't it be nice if you knew exactly how much college was going to cost you and whether or not you could pay for it when you were done? New Jersey just may provide that. Think of it kind of like a "truth in lending" for college.

The bill (A-3216) would require four-year public and independent institutions of higher education to provide a financial aid "shopping sheet" to each prospective student as part of the school's financial aid offer. Ideally, the sheet would give families details on costs, loans offered, and most importantly, debt repayment.

For more information about the bill check out http://openstates.org/nj/bills/215/A3216/.

Posted by Tess Fisher

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