HR 6498 · 119th Congress · Education
Student Financial Clarity Act of 2025
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Placed on the Union Calendar, Calendar No. 395.(2026-01-21)
Plain Language Summary
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Student Financial Clarity Act of 2025 This bill requires certain actions to provide consumers (e.g., enrolled and prospective students) with additional financial information on institutions of higher education (IHEs) that participate in federal student aid programs. Specifically, the Department of Education (ED) must update its College Scorecard website with additional information, including detailed data (e.g., costs, financial aid, student debt and repayment, and earnings) for each program of study at each IHE. (The College Scorecard is a comparison tool for information on school sizes, settings, graduation rates, average costs, and salary ranges per field of study.) Additionally, ED must establish a Universal Net Price Calculator on a dedicated ED website and annually update the data. Among other elements, this calculator must (1) allow an individual to select and compare multiple IHEs and programs of study, (2) provide the individual with net price estimates for each selected IHE and each selected program of study, and (3) provide access to information in an electronic and downloadable format. Each IHE must make publicly available on its website either the n…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 6498, Student Financial Clarity Act of 2025
Apr 9, 2026As reported by the House Committee on Education and Workforce on January 21, 2026
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (4)
3 Democrats1 Republican