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Bill > A2182


NJ A2182

NJ A2182
Revises reporting requirements of "New Jersey Student and Parent Consumer Information Act."


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill revises the reporting requirements of the "New Jersey Student and Parent Consumer Information Act." The "New Jersey Student and Parent Consumer Information Act" requires institutions of higher education to provide for public inspection on their websites information on: the cost of attendance, graduation rates of admitted students, racial disparities, student loan indebtedness, and the faculty of the institution. This bill amends current law to remove the following reporting requirements of the student consumer information report: graduation rates by major; graduation rates for student-athletes; the student transfer rate; an overview of the institutions to which former students have transferred; the total cost of attendance for the current academic year; a description of the types of financial assistance offered directly by the institution; the percent of students who receive financial assistance directly from the institution; the total projected cost of attendance for four years and for six years; the average student loan indebtedness of all students; and an indicator of each academic department's capacity to serve the students majoring within that department's programs. The bill also revises current law to require public institutions of higher education to report the number and percentage of borrowers for whom the institution has certified any type of student loan, disaggregated by certain characteristics. Additionally, this bill provides that all reporting requirements under the act will only apply to public institutions of higher education.

AI Summary

This bill revises the reporting requirements of the "New Jersey Student and Parent Consumer Information Act." The bill removes several reporting requirements, including graduation rates by major, graduation rates for student-athletes, student transfer rate, total cost of attendance, financial assistance offered, and student loan indebtedness details. However, it adds a requirement to report the number and percentage of borrowers for whom the institution has certified any type of student loan, disaggregated by certain characteristics. Additionally, the bill specifies that all reporting requirements under the act will only apply to public institutions of higher education.

Committee Categories

Education

Sponsors (1)

Last Action

Introduced, Referred to Assembly Higher Education Committee (on 01/09/2024)

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