February 13, 2013

White House releases college cost website

The Associated Press

WASHINGTON — The White House is releasing a website designed to help college-bound students have a better sense of how much their education will cost and how much they can expect to pay in student loans.

President Barack Obama promised the tool during Tuesday's State of the Union speech and Education Department officials published the data early Wednesday. On the website, potential students and their parents can see a typical student's out-of-pocket costs, as well as what percentage of students graduate.

The searchable database also lets students compare the rates at which graduates default on their student loans against the national average of 13 percent, and how much the typical student pays each month in student loans.

In coming years, the site promises data on how much graduates earn.

To access the College Scorecard, click here.

Were you interviewed for this story? If so, please fill out our accuracy form

Send question/comment to the editors




Further Discussion

Here at PressHerald.com we value our readers and are committed to growing our community by encouraging you to add to the discussion. To ensure conscientious dialogue we have implemented a strict no-bullying policy. To participate, you must follow our Terms of Use.

Questions about the article? Add them below and we’ll try to answer them or do a follow-up post as soon as we can. Technical problems? Email them to us with an exact description of the problem. Make sure to include:
  • Type of computer or mobile device your are using
  • Exact operating system and browser you are viewing the site on (TIP: You can easily determine your operating system here.)