Net Price Calculator Improvement Act Introduced In House
Legislation introduced yesterday by Rep. Elijah Cummings (D-MD) seeks to improve existing net price calculators (NPC) and permits the Department of Education (ED) to develop a consumer-tested universal NPC. The Net Price Calculator Improvement Act seeks to correct some perceived shortcomings of NPCs by implementing a number of provisions– several of which are recommended best practices by ED, but are not currently specified in the statute. Institutions who are already complying with these provisions would not be required to make any changes to their NPC.
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