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A2135 TR
ASSEMBLY, No. 2135
STATE OF NEW JERSEY
222nd LEGISLATURE
�
Sponsored by:
Assemblywoman LINDA S. CARTER
District 22 (Somerset and Union)
Assemblywoman VERLINA REYNOLDS-JACKSON
District 15 (Hunterdon and Mercer)
Co-Sponsored by:
Assemblywomen Speight, Morales and Brennan
SYNOPSIS
���� Requires institutions of higher education to collect
and report employment data for certain graduates.
CURRENT VERSION OF TEXT
���� As reported by the Assembly Higher Education
Committee with technical review.
An Act
concerning the collection and reporting of certain information by institutions
of higher education, and amending P.L.2009, c.197.
����
Be It
Enacted
by the Senate and General Assembly of
the State of New Jersey:
����� 1.�
Section 2 of P.L.2009, c.197 (C.18A:3B-44) is amended to read as follows:
����� 2.
a. An institution of higher education shall provide for public inspection on
its website comprehensive information on the cost of attendance, the graduation
rates of admitted students,
[
and
]
the faculty of the institution
, and employment
data for recent graduates of the institution
.� The purpose of the
information shall be to maximize the awareness of students and their families
of the costs associated with enrollment in the institution, the institution's
success in ensuring the graduation
and employment
of its students, and
the composition of the teaching faculty that a student will encounter
[
in his coursework
]
at the institution
.� The institution shall post, and annually update, a
student consumer information report on its website that includes, if
applicable:
����� (1)
overall three-year, four-year, and six-year graduation rates, as applicable;
����� (2)
three-year, four-year, and six-year graduation rates by demographic group, as
applicable;
����� (3)
three-year, four-year, and six-year graduation rates by major, as applicable;
����� (4)
three-year, four-year, and six-year graduation rates for student-athletes, as
applicable;
����� (5)
the student transfer rate;
����� (6)
an overview of the institutions to which former students of that college or
university have transferred prior to the completion of a degree;
����� (7)
the cost for the current academic year of attending the institution including
tuition, student fees, room and board, and books and materials;
����� (8)
a description of the types of financial assistance offered directly by the
institution to both student-athletes and to students who do not participate in
athletic programs at the institution;
����� (9)
the percent of student-athletes who receive financial assistance directly from
the institution and the average value of the assistance and the percent of
students who do not participate in athletic programs at the institution who
receive financial assistance directly from the institution and the average
value of the assistance;
����� (10)
for four-year institutions of higher education, the total projected cost for an
incoming freshman to live on campus and complete a degree in four years and the
total projected cost for an incoming freshman to commute to school and complete
a degree in four years;
����� (11)
for four-year institutions of higher education, the total projected cost for an
incoming freshman to live on campus and complete a degree in six years and the
total projected cost for an incoming freshman to commute to school and complete
a degree in six years;
����� (12)
average student loan indebtedness of two-year and four-year graduates for both
students who live on campus and students who commute, as applicable.� The
institution shall disaggregate the data by: race, ethnicity, age, family income
at the time of admission, gender, and first-generation status;
����� (13)
average student loan indebtedness of three-year and six-year graduates for both
students who live on campus and students who commute, as applicable.� The
institution shall disaggregate the data by: race, ethnicity, age, family income
at the time of admission, gender, and first-generation status;
����� (14)
average student loan indebtedness of a student who transfers or withdraws from
the institution prior to the completion of a degree program for both students
who live on campus and who commute. The institution shall disaggregate the data
by: race, ethnicity, age, family income at the time of admission, gender, and
first-generation status;
����� (15)
an overview of the institution's faculty, including the percentage of faculty
employed as a tenured professor, the percentage of faculty employed as a
full-time non-tenured professor, and the percentage of faculty employed as an
adjunct or visiting professor;
����� (16)
the percentage of courses taught by each of the different categories of
faculty;
����� (17)
an indicator of each academic department's capacity to serve the students
majoring within that department's programs, as determined by the Secretary of
Higher Education;
[
and
]
����� (18)
the number and percentage of borrowers for whom the institution has certified a
supplemental student loan, disaggregated by race, ethnicity, age, family income
at the time of admission, gender, and first-generation status
; and
�����
(19)
the employment outcomes and earnings data available through the New Jersey
Statewide Data System for the graduates of the three most recent academic years
for which data is available
.
�
����� The
institution shall provide with all paper applications for admission to the
institution a hard copy of the information prepared pursuant to this section.
����� b.�� An
institution of higher education shall conform to the guidelines, criteria, and
format prescribed by the Secretary of Higher Education in reporting the
information required pursuant to this section.
����� c.�� An
institution of higher education shall submit its student consumer information
report to the Secretary of Higher Education for inclusion in a comparative
profile of the student consumer information reports of all institutions of
higher education.
����� In
addition to the information contained in the institutional student consumer
information reports pursuant to this section, the comparative profile shall
identify the existence of any racial disparities in student loan indebtedness
and loan default rates.
����� d.�� An
institution of higher education shall ensure that the page of its Internet site
which includes its student consumer information report contains a link to the
page of the Secretary of Higher Education's Internet site that includes the
comparative profile required pursuant to subsection b. of section 3 of this
act.
����� e.�� An
institution of higher education shall ensure that the Internet site for
submitting an online application to the institution contains a link to the
institution's student consumer information report.
����� f.��� An
institution of higher education shall require the parent or guardian of a
student applying for admission into the institution, or the student if
[
he
]
the student
is an independent adult, to sign
and submit a statement acknowledging
[
that he has reviewed
]
the student�s review of
the institution's
student consumer information report.
(cf:
P.L.2021, c.349, s.2)
�������
2.� Section 3 of P.L.2009, c.197 (C.18A:3B-45) is
amended to read as follows:
����� 3.
a. The Secretary of Higher Education shall issue guidelines and criteria for
collecting and calculating the information required pursuant to section 2 of
this act and shall prescribe a uniform reporting method for posting the
information.�
����� b.�� The
Secretary of Higher Education shall annually compile the student consumer
information reports submitted pursuant to subsection c. of section 2 of this
act into a comparative profile of all four-year
[
public
]
institutions of higher education.� The secretary
shall present the information on its website in a manner that allows college
students and their families to easily compare student consumer information
across institutions.
(cf:
P.L.2021, c.349, s.3)
����
3.
��� This act shall take effect immediately and shall first apply
to the first full academic year following the date of enactment.