New Federal Law to Affect College Costs

College catalogs in the future will reveal how much textbooks will cost for each course. The seven-page financial aid application form will be simplified into a two-page document. And universities will be required to report their operating costs to the federal government and explain reasons for raising tuition.

It took Congress five years — longer than it takes many undergraduates to earn their degrees — to pass the Higher Education Opportunity Act, which spells out dozens of regulations for the nation’s colleges and universities.

As the federal government irons out details of the law, which President Bush signed in August, schools can expect the wide-ranging measure to make a bold impact on campus life as it touches on areas including veterans’ benefits, tuition, safety and illegally downloading music. Read full story. (Daily Camera)

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