From the CPFB Blog:
We want to find a way to make it easier to compare different options when making decisions on student debt. There is a lot of data out there on schools and loans, and we thought we’d try to get the key information into one place to help students see how their choices today might impact their financial lives in the future.
Today, we’re asking for your input to develop a new interactive tool to help navigate financial aid offers and student loans.
We’ve already put together a prototype. In this beta version, you can enter the financial aid information you’ve received from colleges, adjust your family’s contributions, input scholarships and military benefits, and much more. Our beta version can give you a rough estimate of your monthly payment after graduation, as well as a sense of your overall debt burden in relationship to the average starting salary of a college graduate. You can also see school-specific indicators like graduation rates.
Direct to Financial Aid Comparison Shopper