The CFPB has launched its latest “Know Before You Owe” online tool–the “Paying for College-Cost Comparison Tool.”  The CFPB intends the beta version it has posted to be a “thought starter” and asks for feedback.

The tool allows a student to identify up to 3 colleges at a time in which he or she is interested and provides cost information for each of those colleges that compares the cost of attending each college identified by the student with the cost of an average public university (for an in-state student) and the cost of an average private university (without distinguishing between an in-state and out-of-state student).… Continue Reading