CFPB releases new online college financial aid comparison shopper

cfpb_logo.png

The

today unveiled its new, online

to help high school seniors, parents and others sort through aid offers they get from colleges.

The tool, still in experimental form, compliments the bureau's

, which it launched last month to help students and parents deal with their lender and loan servicer. The agency also offers an online

.

, the bureau put forth a

that colleges could use to help applicants understand offers. You can even

the bureau's proposed form features.

It's done the same kind of crowdsourced disclosure proposals for

for

. It's Only Money thinks it a clever way to nudge private entities to make consumer-focused changes that make sense.

Earlier this week, the bureau detailed the ways it's considering making

.

It's Only Money has not used the financial aid cost comparison tool, so let it know what you think. Come back here for links to reviews from other authorities on financial aid.

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