Krishnamoorthi Applauds Senate HELP Committee Advancement of His Bipartisan College Transparency Act

WASHINGTON — Today, the Senate Health, Education, Labor, and Pensions (HELP) Committee voted 21-1 to advance the bipartisan College Transparency Act, legislation led in the House by Congressman Raja Krishnamoorthi (D-IL) and Congressman Mike Kelly (R-PA) and in the Senate by Senator Bill Cassidy (R-LA) and Senator Elizabeth Warren (D-MA.).

Congressman Krishnamoorthi released the following statement:

“Choosing a college is one of the biggest financial decisions a student and their family will ever make. Just like any major investment, they deserve clear, reliable information before they commit. I'm proud that our bipartisan College Transparency Act advanced out of the Senate HELP Committee today with overwhelming bipartisan support. Our legislation will help students compare college costs, graduation rates, and career outcomes so they can make informed decisions and shop for the best program with confidence. I thank Senators Warren and Cassidy for their leadership, and I look forward to working with my colleagues to get this bipartisan bill across the finish line.”

The College Transparency Act would require the federal government to collect and publicly report comprehensive data on college costs and student outcomes, including graduation rates, post-college earnings, average net price, and average student loan debt across colleges and academic programs. By providing students and families with clear, reliable information, the legislation will help prospective students compare programs, identify affordable options, and make informed decisions about their futures. The bill will also provide colleges, researchers, and policymakers with better data to strengthen America's higher education system.

The College Transparency Act is supported by more than 70 organizations, including the American Association of Community Colleges, the American Association of State Colleges and Universities, the Association of American Universities, the Association of Public and Land-grant Universities, EdTrust, the Institute for Higher Education Policy, the National College Attainment Network, the National Skills Coalition, The Institute for College Access & Success, Third Way, the U.S. Chamber of Commerce, Women Employed, and Young Invincibles.