New Jersey governor signs college cost transparency law

Summary:

  • New Jersey Gov. Phil Murphy, a Democrat, on Thursday signed legislation that requires every college in the state to annually provide all enrolled students an itemized breakdown of their expenses, estimated debt, financial aid and other subsidies they may be eligible to receive.
  • Public and private colleges in the state already had to provide this information in their financial aid offers to prospective students under a bill signed in 2019.
  • The expansion of the original measure, which is part of Murphy’s push to make college costs more transparent, comes amid similar initiatives nationwide. 

Read more about the new law here at Higher Ed Dive.

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