Truth in Tuition Act of 2017 This bill amends the Higher Education Act of 1965 to expand notification requirements for an institution of higher education (IHE) to participate in federal student aid programs. Specifically, the bill requires an IHE to provide to a student: (1) a multi-year tuition and fee schedule; or (2) a single-year tuition and fee schedule and a nonbinding, multi-year estimate of net costs after financial aid is awarded. The bill authorizes the Department of Education to waive this requirement under certain circumstances.