Mass. Universities Commit to College Costs Transparency

(WASHINGTON) -- Officials from the University of Massachusetts System are in Washington, D.C. Wednesday to participate in a meeting with Vice President Joe Biden about the transparency of college costs.

Biden, along with Secretary of Education Arne Duncan and other officials, will be joined by representatives from 10 college and university systems that have committed to providing key financial information to all incoming students starting next year.

Information to be made available to students include: cost of one year of college, financial aid available to cover costs and estimated monthly payments for federal student loans the student would likely owe after graduation.

The school systems to be represented include: Arizona State University, Miami Dade College, North Carolina Agricultural & Technical State University, State University System of New York (comprised of 64 colleges, universities, and community colleges), Syracuse University, University of Massachusetts System (comprised of five universities), University of North Carolina at Chapel Hill, University System of Maryland (comprised of 12 universities), University of Texas System (comprised of 9 universities), and Vassar College.

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