Truth in Tuition Act of 2025

Increased Transparency for Students: Under Section 2(a)(A), institutions must provide either a multi-year tuition and fee schedule or a single-year schedule with a multi-year estimate of net costs. This gives students a clearer picture of what they might pay over the entire duration of their program.

Detailed Cost Projections: Section 2(a)(B)(ii) requires that schedules indicate costs on a year-by-year basis for the normal duration of the student's program, allowing for better long-term financial planning.

Insight into Cost Accuracy: For institutions using single-year schedules, Section 2(a)(C) requires them to include the average deviation between previous estimates and actual net costs. This helps students understand how much previous estimates have differed from what students actually paid.

Potential for High Cost Fluctuations: According to Section 2(a)(B)(i), the multi-year schedules and estimates may include a percentage or dollar increase or decrease of any size that the institution deems appropriate, which could lead to significant cost changes from year to year.

Inaccurate Estimates Due to Changing Circumstances: Section 2(a)(A)(ii) notes that multi-year estimates of net costs are nonbinding and are based on the assumption of constant family and student income, assets, and relevant circumstances.

Requirement Waivers: Section 2(a)(D) allows the Secretary to waive the notice requirements if an institution demonstrates severe economic distress, a dramatic reduction in State or Federal aid, or other circumstances deemed appropriate by the Secretary, which could result in students not receiving the required tuition notices.