Senate Unanimously Passes Donoghue Bill Requiring ‘Shopping Sheets’ for Higher-Ed Students

Press Release

BOSTON – By a 39-0 vote, the Senate today passed Senate Bill 2247, An Act requiring institutions of higher education to provide uniform financial aid information to accepted applicants. S.2247 expanded on a bill that Senator Eileen Donoghue filed in January 2017 that directed higher-education institutions to provide admitted applicants with standardized information so that students and their families can make apples-to-apples comparisons of the benefits and costs of attending university.

“This bill represents an inexpensive solution that, starting in the 2019-2020 academic year, would help students find the colleges that will graduate them on time and with as little debt as possible,” said Sen. Eileen Donoghue (D-Lowell). “Given our knowledge-based economy and the increasing costs of earning a degree, the Commonwealth needs to empower young people and their families with easily digestible data so that students can best position themselves to pursue careers free from unnecessarily burdensome student loans.”

The U.S. Consumer Financial Protection Bureau and U.S. Department of Education developed the form, known as a shopping sheet, which contains data on costs, grant amounts, graduation rates, loan default rates, and expected monthly loan payments after graduation.

“Standardized reporting and transparency are key elements in the effort to build awareness and address the rising costs of higher education,” said Senate President Harriette L. Chandler (D-Worcester). “This bill ensures that admitted students possess the comprehensive information they need to properly plan for their financial and educational futures.”

About 3,300 U.S. institutions, including 66 in Massachusetts, already use the shopping sheet.

“Getting accepted to college is an exciting time for our students, and it’s vital that families have the tools to make smart, informed decisions about what it will cost,” said Attorney General Maura Healey. “I applaud Senator Donoghue and the Senate for passing a bill that will help all of our students access quality, affordable education.”

“This uniform financial aid shopping sheet will provide much-needed transparency when families are making decisions about the actual cost of college for students,” said Treasurer Deb Goldberg.   “This is the type of essential information that kids and their families across Massachusetts need when making long-term financial decisions that will impact the rest of their lives.”

The bill now goes to the House of Representatives for consideration.

Massachusetts colleges and universities using the shopping sheet (* means that they use it for veteran students only):

 

Amherst College MA Amherst
Assumption College* MA Worcester
Bancroft School of Massage Therapy MA Worcester
Bay Path University MA Longmeadow
Bay State College MA Boston
Berklee College of Music* MA Boston
Boston University* MA Boston
Brandeis University MA Waltham
Bridgewater State University* MA Bridgewater
Bunker Hill Community College* MA Boston
Cambridge College MA Cambridge
Cape Cod Community College* MA West Barnstable
College of Our Lady of the Elms MA Chicopee
Cortiva Institute-Boston MA Watertown
Eastern Nazarene College MA Quincy
Emmanuel College* MA Boston
Empire Beauty School-Boston* MA Boston
Empire Beauty School-Framingham MA Framingham
Empire Beauty School-Malden* MA Malden
Everest Institute-Chelsea MA Chelsea
Fitchburg State University* MA Fitchburg
Framingham State University* MA Framingham
Gordon-Conwell Theological Seminary* MA South Hamilton
Greater Lowell Technical School* MA Tyngsboro
Lasell College* MA Newton
Le Cordon Bleu College of Culinary Arts-Cambridge* MA Cambridge
Lincoln Technical Institute-Brockton* MA Brockton
Lincoln Technical Institute-Lowell* MA Lowell
Lincoln Technical Institute-Somerville* MA Somerville
Massachusetts Bay Community College* MA Wellesley Hills
Massachusetts Institute of Technology* MA Cambridge
Massachusetts School of Barbering* MA Quincy
MGH Institute of Health Professions* MA Boston
Middlesex Community College* MA Bedford
Mildred Elley-Pittsfield Campus MA Pittsfield
Montserrat College of Art MA Beverly
Monty Tech* MA Fitchburg
Mount Holyoke College MA South Hadley
New England College of Business and Finance MA Boston
New England College of Optometry* MA Boston
New England School of Law* MA Boston
New England School of Photography* MA Boston
Newbury College MA Brookline
North Shore Community College* MA Danvers
Northeastern University MA Boston
Northpoint Bible College MA Haverhill
Quincy College MA Quincy
Quinsigamond Community College* MA Worcester
Salem State University MA Salem
Simmons College* MA Boston
Southeastern Technical Institute MA South Easton
Stonehill College MA Easton
Suffolk University MA Boston
The New England Conservatory of Music* MA Boston
The New England Institute of Art* MA Brookline
Universal Technical Institute of Massachusetts Inc.* MA Norwood
University of Massachusetts Medical School Worcester MA Worcester
University of Massachusetts-Amherst MA Amherst
University of Massachusetts-Boston MA Boston
University of Massachusetts-Dartmouth MA North Dartmouth
University of Massachusetts-Lowell MA Lowell
University of Phoenix-Massachusetts MA Braintree
Westfield State University* MA Westfield
William James College MA Newton
Williams College* MA Williamstown
Worcester Polytechnic Institute* MA Worcester
Worcester State University* MA Worcester

 

####