NJ Senate Passes Bill That Essentially Says "Know Before You Owe"

iStock

NJ Senate Passes Bill That Essentially Says "Know Before You Owe"

Oct, 25th 2016

Student debt has been a hot topic at the State Legislature of late, with several bills for reform being introduced and discussed in committees, and moving forward towards their adoption. Bill S-591 would require colleges and universities to provide information packages, or "financial aid shopping sheets," that help potential students understand the gravity of the debt they might be taking on.

The sheets would give prospective students "certain cost, loan, and debt information," according to the bill. NJ State Senator Sandra Cunningham, who represents Jersey City, said students and parents should be well-informed of how much education is going to cost them. “Parents may not have gone to college so they might not know what they’re paying for and what is available,” she said.

Read More

Join Us. We are waiting for you!

Sign Up Today!

We welcome you to our community where you can gather and share information on debts and issues which may have your life unsettled. Together we thrive!


Logo mobile 4b2fda9e088d7249be95ede0cc3adea2de299a346ba55b450264e0c976b239c5

Join our community Today! IT'S FREE

Our Interactive Knowledge Base Has All The Infomation You Need To Settle Your Debt & Settle Your Life™

SIGN UP NOW!

Join, Resolve & Share!