We started Know Before You Owe several months ago to make mortgage disclosure forms easy to understand and easy to compare. The idea was and is that people should see the basic facts about the loan they’re applying for right up front.
But this idea holds true in areas far beyond mortgages. That’s why today, we are beginning a project with the Department of Education to apply this same idea to student loans. Right up front, before they commit, students should see the basic facts about what they’re going to pay for school. (more…)