Are you worried about the cost of attending college? Well, you’re not alone – and the President has taken notice. During the 2013 State of the Union, President Obama announced the launch of an interactive web-based tool that can help students and their families research the cost of attending particular colleges: the “College Scorecard.”
The College Scorecard is an interactive database that gives students and their families important information about higher education institutions, including costs, graduation rate, loan default rate, average amount borrowed and employment.
“My administration will release a new ‘College Scorecard’ that parents and students can use to compare schools based on a simple criteria – where you can get the most bang for your educational buck,” said President Obama.
The goal of the College Scorecard is to help students and families make well-informed choices about the affordability of schools. President Obama’s administration says the tool was created as part of “continued efforts to hold colleges accountable for cost, value and quality.”
Students can search for a college by name, or filter their options using criteria that fit their individual needs, like location, size, campus setting, and degree and major.
The new College Scorecard has the potential to increase transparency about the cost, value and quality of colleges and universities throughout the nation. Will you be trying out this interactive tool to “get more bang for your educational buck”?