Truth-in-Tuition Act of 2007

To limit excessive fluctuations in tuition to help students and families plan for college costs.

11/9/2007--Introduced.
Truth-in-Tuition Act of 2007 - Amends the Higher Education Act of 1965 to require institutions of higher education (IHEs) that are participating in the Act's student assistance programs to provide each prospective cohort of students applying to enter their undergraduate or graduate programs with a binding, multi-year tuition and fee schedule for the normal duration of such studies. Requires the Secretary of Education to waive the application of such requirement to IHEs that are unable to comply because of events causing them severe economic distress. Directs the Secretary to award:
(1) competitive grants to IHEs that, for an academic year, have a net tuition (tuition and fees, minus grant amounts) increase that does not exceed the percentage change in the higher education price index; and
(2) bonus amounts to IHEs that guarantee that their net tuition will not outpace changes in such index over specified periods of time. Requires IHEs to distribute such grants and bonuses as need-based grant aid to students who are eligible for federal Pell Grants. Requires IHEs whose annual net tuition increase outpaces such index to issue an explanatory report to the Secretary that includes actions being taken to remedy the situation.

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Sponsor

• Rep. Patrick Murphy [D, PA-8]
• and 6 Co-Sponsors
  • Rep. Dennis Cardoza [D, CA-18]
  • Rep. Keith Ellison [D, MN-5]
  • Rep. Rahm Emanuel [D, IL-5]
  • Rep. Stephanie Herseth Sandlin [D, SD-0]
  • Rep. James Moran [D, VA-8]
  • Rep. Sue Myrick [R, NC-9]
  close

Committees

• House Education and Labor
• 1 more
  • House Education and Labor
  close

Amendments

This bill has no amendments.

Amendments to H.R.4149

Number	Status	Purpose

Bill Status

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Introduced		Voted on by House		Voted on by Senate		Considered By President		Bill Becomes Law
November 09, 2007

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All Bill Actions

• Jan 22, 2008: Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness.
• Nov 09, 2007: Referred to the House Committee on Education and Labor.
• Introduced on Nov 09, 2007.

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Related Issue Areas:

• Scholarships
• Indexing (Economic policy)
• Government paperwork
• Government information
• 9 more
• Federal aid to education
• Education
• Economic policy
• Consumers
• Consumer education
• College costs
• College administration
• Budgets
• Higher education

Data from the Congressional Research Service

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Blog Coverage

November 08, 2007 HR 4149, The Truth-in-Tuition Act of 2007

HR 4149 would limit excessive fluctuations in tuition to help students and families plan for college costs.... Vote on This Bill: For | Against.

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