Greater transparency about higher education is needed for America’s families, as they make decisions about where students will go to college. That is why Vassar accepted the White House’s invitation last year to be among the first 10 colleges and universities to adopt the “Financial Aid Shopping Sheet,” a standardized summary with clear information on tuition and grant aid, as well as likely loan burdens and graduation rates.
However, the latest calls to provide additional information to families — like adding graduates’ salary data to the College Scorecard that President Obama mentioned in his State of the Union address — should be met with concern.
Like the shopping sheet and the Student Right to Know Before You Go Act, proposed by Senator Ron Wyden, Democrat of Oregon, and Senator Marco Rubio, Republican of Florida, the College Scorecard stems from good intentions.
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