TRENTON, NJ—Student debt has been a hot topic at the State Legislature of late, with several bills for reform being introduced and discussed in committees, and moving forward towards their adoption.
Bill S-591 would require colleges and universities to provide information packages, or "financial aid shopping sheets," that help potential students understand the gravity of the debt they might be taking on.
The sheets would give prospective students "certain cost, loan, and debt information," according to the bill.