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H. Rept. 119-461 1 (2026-01-21)

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119TH CONGRESS
   2d Session   j HOUSE OF REPRESENTATIVES


REPORT
119-461


STUDENT FINANCIAL CLARITY ACT OF 2025


JANUARY  21, 2026.-Committed to the Committee of the Whole House on the State
                   of the Union and ordered to be printed



  Mr. WALBERG,   from the Committee   on Education  and Workforce,
                      submitted  the  following


                          REPORT

                            together with

                        MINORITY VIEWS

                        [To accompany H.R. 6498]

  The  Committee   on  Education  and  Workforce,  to whom   was  re-
ferred the bill (H.R. 6498) to amend   the Higher  Education   Act of
1965  to increase transparency in college tuition for consumers, and
for other purposes,  having considered  the same,  reports favorably
thereon  with  an  amendment and recommends that the bill as
amended   do pass.
  The  amendment   is as follows:
  Strike all after the enacting clause and insert the following:
SECTION 1. SHORT TITLE.
  This Act may be cited as the Student Financial Clarity Act of 2025.
SEC. 2. TRANSPARENCY IN COLLEGE TUITION FOR CONSUMERS.
  (a) AMENDMENT.-Section 132 of the Higher Education Act of 1965 (20 U.S.C.
1015a) is amended by striking subsections (a) through (j) and inserting the fol-
lowing:
  (a) DEFINITIONS.-In this section:
     (1) COLLEGE SCORECARD WEBSITE.-The term 'College Scorecard website'
   means the College Scorecard website required under subsection (b) and includes
   any successor website.
     (2) COST OF ATTENDANCE.-The term 'cost of attendance' has the meaning
   given such term in section 472(a).
     (3) REQUIRED COSTS.-The term 'required costs' means the sum of all the
   items listed in section 472(a) that are required by an institution of higher edu-
   cation for a program of study for the program length of a program of study, for
   the time to credential for a student, or for an award year of a program of study,
   as applicable, including-


69-006


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