The "Truth in Tuition Act of 2025" proposes to amend the Higher Education Act of 1965, requiring institutions of higher education to provide greater transparency regarding tuition and fees to admitted students. Under this bill, institutions would be mandated to offer either a multi-year tuition and fee schedule or a single-year schedule accompanied by a nonbinding, multi-year estimate of net costs after financial aid. These schedules and estimates must detail year-by-year costs for the normal duration of a student's program, allowing for potential increases or decreases. Institutions opting for the single-year schedule with an estimate must also disclose the average deviation between past estimates and actual net costs. The Secretary of Education can waive these requirements under circumstances of severe economic distress or significant aid reduction, ensuring flexibility for institutions facing unforeseen challenges.