Here. Excerpt:
Under Grassley's legislation, all students who are going to take out a federal loan to help pay for college would have to undergo counseling that would include an estimate of how much the student will likely make upon graduating versus their loan debt. Students would also look at potential options for scholarships or work to help offset costs. * * *
* * * [Grassley] added that the "federal government … has a responsibility to at least ensure that students know what they’re getting themselves into before they get in over their heads. "
