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Obama Administration releases College Scorecard

Tuition
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TALLAHASSEE, Fla. (WTXL)--Another issue now on the table, lowering tuition rates across the United States.

The Obama Administration now releasing a College Scorecard, a new online tool, parents and students can use to compare rates.

FAMU's tuition for in-state students is around $10,000 a year.

Valdosta State and Florida State are about $12,000. Even with semi affordable costs, some students say they're still strapped for cash.

Florida State University student Zachary Honore says he's pinching pennies to get through school.

"I'm kind of accumulating costs but it will all be worth it once I get my degree and I'm able to pay it off," said Honore.

He says he has the Bright Futures Scholarship but he's also taken out loans and paying them back could take some time.

That's one of the categories you can look at when comparing colleges online. All the information is at your fingertips through a new tool called College Scorecard created by the Obama Administration.

You can compare graduation rates and college tuition rates.

Florida State sophomore James Stage says the web site is good idea.

"I think it's a really accurate way to help students figure out what they'll be getting into making the decision about where they'll be spending their money after the next five six years," said Stage.

He says it didn't surprise him that Florida State University's tuition is considered in the low category on College Scorecard.

"I think right now it's extremely low and that we're getting a good deal for the education we're getting," said Stage.

You can click here to link College Scorecard.