FACT SHEET: Biden-⁠Harris Administration Takes New Action to Crack Down on Junk Fees in Higher Education

Abstract

Reforms would save students and borrowers billions in unnecessary fees and improve the college and loan repayment experience. Today, the Biden-Harris Administration is announcing new steps to crack down on hidden junk fees as part of President Biden’s agenda to lower costs for students and families paying for college. Junk fees are hidden costs or surprise fees that companies and institutions include on customer or student bills, increasing their costs.

Link to resource: https://www.whitehouse.gov/briefing-room/statements-releases/2024/03/15/fact-sheet-biden-harris-administration-takes-new-action-to-crack-down-on-junk-fees-in-higher-education/

Type of resources: Reading

Education level(s): College / Upper Division (Undergraduates), Graduate / Professional

Primary user(s): Student, Teacher

Subject area(s): Education

Language(s): English