Sue Myrick: “Every time a constituent of mine talks about college there is mention about how much it costs, and they tell me about…”

“Every time a constituent of mine talks about college there is mention about how much it costs, and they tell me about their struggles and the choices they have to make in order to put their kids through college. Millions of families sit at the kitchen table and try and figure this out every year, how are they going to make ends meet and pay for it. And there have been a lot of high and unpredictable costs over the years, and it's really tough for them, especially if it's tough economic times. It's tough for them to figure it out because they don't know if it will be 3 percent, 30 percent, what it might end up being. So I feel, and my colleague agrees, that parents need to have some certainty and know the cost of the degree. The Truth in Tuition amendment helps the families plan by making sure that the schools give every student a clear picture of what their degrees will cost. It's a reasonable amendment, and it gives schools great flexibility. There aren't any price caps, and it doesn't freeze the price of tuition. They can set their tuition rates however they see fit. But it shows the students and their families what the charges are going to be over the course of their studies.”