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You are here Consumer News Drew's News Want to Know the Real Cost of that College Education?

Want to Know the Real Cost of that College Education?

calculator atop account statement

Thanks to a new law, it may be easier for parents and students to calculate the real cost of college. As of October 29, 2011 all colleges and universities which receive federal aid, must have posted on their websites a net-price calculator. These calculators will help provide a rough estimate of the cost of college not an exact figure. While some calculators are relatively simple, others require lots of data to give a more precise estimate.

Check out these articles for more information.

College Web sites to post cost calculators for prospective students from the Washington Post

Net Price Calculators: Be Wary from the Marketplace Makin' Money blog

Do Online College Calculators Reveal True Costs? from SmartMoney