H.R. 4149 would limit excessive fluctuations in tuition to help students and families plan for college costs.

== Detailed Summary ==

<summary>
(Log inTruth-in-Tuition Act of 2007 - Amends the Higher Education Act of 1965 to editrequire institutions of higher education (IHEs) that are participating in the wikiAct's student assistance programs to provide each prospective cohort of students applying to enter their undergraduate or graduate programs with a binding, multi-year tuition and befee schedule for the firstnormal duration of such studies.

Requires the Secretary of Education to providewaive the application of such requirement to IHEs that are unable to comply because of events causing them severe economic distress.

Directs the Secretary to award: (1) competitive grants to IHEs that, for an academic year, have a detailed summarynet tuition (tuition and fees, minus grant amounts) increase that does not exceed the percentage change in the higher education price index; and (2) bonus amounts to IHEs that guarantee that their net tuition will not outpace changes in such index over specified periods of time. Requires IHEs to distribute such grants and bonuses as need-based grant aid to students who are eligible for federal Pell Grants.

Requires IHEs whose annual net tuition increase outpaces such index to issue an explanatory report to the Secretary that includes actions being taken to remedy the bill!)situation.
</summary>

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== Status of the Legislation ==

<status>
Latest Major Action: 11/9/2007: Referred to House committee. Status: Referred to the House Committee on Education and Labor.
</status>

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== Points in Favor ==

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== Points Against ==

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