New cost calculator aims to be the “” of college prices

By Meris Stansbury
June 9th, 2015

Education big-names ACT and Noodle team up with College Abacus to further higher ed cost transparency through different online calculator integration.

college-cost-calculatorHailed as one of CNNMoney’s best new money ideas of 2014, College Abacus seeks to increase transparency in the college tuition market by allowing families to access the net price calculators of more than 4,500 U.S. schools in one place and compare their individualized options in an apples-to-apples format, rather than having to search on each school’s individual website.

Millions of parents and students looking to compare the cost of colleges can now do so with ACT Profile and education resource site Noodle through new partnerships with College Abacus, a free online tool that allows students and families to calculate and compare their bottom-line tuition bills across U.S. colleges and universities.

College Abacus has integrated its newly created app, or “widget,” directly into the two organizations’ websites, enabling students and their families to seamlessly explore all of their education options.

“ACT is committed to helping people achieve education and workplace success, and ACT Profile is just one resource available to students, counselors, and parents as students navigate the transition between high school and college,” said John Corrigan, ACT vice president of customer experience. “College Abacus serves as a great financial planning complement to the free tools we already provide on ACT Profile to help students match interests, major, career, and school.”

(Next page: How the data will act as a higher-ed “” for students)

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