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H.R. 6498: Student Financial Clarity Act of 2025

119th Congress · introduced 2025-12-09 · Education · Latest: Placed on the Union Calendar, Calendar No. 395.

federal

What does this mean?

Official title

Student Financial Clarity Act of 2025

Plain summary

Student Financial Clarity Act of 2025 This bill requires certain actions to provide consumers (e.g., enrolled and prospective students) with additional financial information on institutions of higher education (IHEs) that participate in federal student aid programs. Specifically, the Department of Education (ED) must update its College Scorecard website with additional information, including detailed data (e.g., costs, financial aid, student debt and repayment, and earnings) for each program of study at each IHE. (The College Scorecard is a comparison tool for information on school sizes, settings, graduation rates, average costs, and salary ranges per field of study.) Additionally, ED must establish a Universal Net Price Calculator on a dedicated ED website and annually update the data. Among other elements, this calculator must (1) allow an individual to select and compare multiple IHEs and programs of study, (2) provide the individual with net price estimates for each selected IHE and each selected program of study, and (3) provide access to information in an electronic and downloadable format. Each IHE must make publicly available on its website either the net price calculator developed by ED or the IHE's own calculator (if it includes, at a minimum, the same data elements of ED's calculator).

Congressional Research Service summary (Reported to House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Student Financial Clarity Act of 2025

Source: Congressional Research Service summary (Reported to House)

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Officials and money

Sponsor: Rep. Guthrie, Brett [R-KY-2] · 4 cosponsors

Money: CBO cost estimate: H.R. 6498, Student Financial Clarity Act of 2025 (2026-04-09) No linked contracts or vendors yet.

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong119-hr6498 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills