As students are forced to take on record levels of debt in order to keep up with record tuition costs, Senator Wyden, along with cosponsors Senator Rubio (R-Fla.) and Senator Warner (D-Va.) has authored the Student Right to Know Before You Go Act to provide all potential college students with reliable information on what students can expect to make in the workplace. This level of information will give students the ability to choose their schools, majors and career paths with as much insight into the financial return on their higher education investment as possible.
Wyden previously authored the College Tuition Savings Act which became law in 2001 as part of the Economic Growth and Tax Relief Reconciliation Act and eliminated taxes on College Tuition Savings funds.
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Portland, OR - Now that student debt tops $1 trillion and exceeds both national credit card debt and car loan debt, concerns are being raised that the difficulties students and families face in paying off those loans may lead to the nation’s next financial crisis. By so...…Read MorePosted on 05/25/12
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