This bill adds more detailed public reporting of how long students take to finish college programs. It requires institutions and the Department of Education to report completion or graduation percentages at multiple time points (including up to 300% of the normal program length) and to break those percentages into student groups (first-time vs. non-first-time; full-time vs. part-time). The stated policy goal is to give students and families clearer information about time-to-degree.
Key changes:
Prospective students and families
Current students
Colleges and universities
Department of Education
Financial aid counseling
No publicly available information.
Possible cost implications shown in the bill text and likely in practice: