The Higher Education Opportunity Act of 2008 required all U.S. colleges to publish net price calculators on their websites – the cost of higher education after grants and scholarships are subtracted from the total. By aggregating thousands of net price calculators, College Abacus aims to serve as a ‘Kayak.com’ for college costs, eliminating the need to click through multiple websites and continuously re-enter information.
“A college education is one of the biggest investments a person can make in his or her lifetime and, in this era of rising tuition costs and growing student loan debt, families deserve access to the best possible tools and information for understanding their options,” said Abigail Seldin, co-founder of College Abacus and vice president of Innovation and Product Management at ECMC Group. “These exciting new partnerships with ACT and Noodle will substantially broaden the reach of College Abacus, giving us a wider platform for helping more families identify colleges within their budgets.”
College Abacus is operated out of the Washington, D.C.-based ECMC Innovation Lab, an incubator for new products and solutions designed to empower students to succeed in all types of higher education. For more information on the College Abacus widget, please visit: CollegeAbacus.org/widget.
Material from a press release was used in this report.
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