New tool will give clearer picture on college cost
It sounds like a simple question: How much is a college actually going to cost?
In fact, it's a slippery one. But thanks to a federal mandate, a new tool to help students and families pin down an answer is finally arriving this month: a fairly simple online calculator to estimate what you can expect to pay to attend any college in the United States.
The new "net price calculators" — many already up and running on college websites ahead of the Oct. 29 legal deadline — are designed to provide the non-binding cost estimates based on a few relatively straightforward questions about family finances.
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