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House File 135 - EnrolledAn Actrelating to the responsibilities of the state board of
regents and the institutions of higher education governed by
the state board of regents, including requiring the board to
publish certain information related to the average income
and student debt of institution graduates and requiring the
institutions to provide the board with information related
to the average income and student debt of institution
graduates and to adopt procedures that require institutions
to provide information related to the average income and
student debt of institution graduates to undergraduates.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
Section 1. Section 262.9, Code 2023, is amended by adding
the following new subsection:
NEW SUBSECTION. 39. a. Develop and publish on the board’s
internet site a report related to students who have completed
a baccalaureate degree program at an institution of higher
education governed by the board that is consistent with
applicable federal and state privacy restrictions, sortable by
graduating class, academic major, and institution of higher
education, and that includes all of the following information:
(1) The percentage of students who have completed a master’s
or doctorate degree program after completing the baccalaureate
degree program.
(2) The median annual income of students one year, five
years, and ten years after completing the baccalaureate degree
program.
(3) The median student loan debt of students who have
student loan debt and who have completed the baccalaureate
degree program.
(4) The ratio of the student loan debt of students who have
student loan debt and who have completed the baccalaureate
degree program to the annual gross income of such students.
(5) An estimate of the amount of student loan payment
students who have student loan debt and who have completed the
baccalaureate degree program are required to make each month
and the amount, expressed as a percentage, of such payments
related to the students’ monthly gross income.
b. Direct the institutions of higher education governed by
the board to provide the board with the information necessary
to complete and annually update the report described in
paragraph “a”.
c. Direct the institutions of higher education governed
by the board to publish a link to the report described in
paragraph “a” on the institution’s internet site.
d. Direct the institutions of higher education governed by
the board to adopt procedures, subject to the approval of the
-1-board, that require the institution to provide students who are
in the process of completing the first year of a baccalaureate
program at an institution with a link to the report described
in paragraph “a”.
-2-______________________________
PAT GRASSLEYSpeaker of the House______________________________
AMY SINCLAIRPresident of the Senate I hereby certify that this bill originated in the House and is known as House File 135, Ninetieth General Assembly.______________________________
MEGHAN NELSONChief Clerk of the HouseApproved _______________, 2023______________________________
KIM REYNOLDSGovernorjda/jh/md
regents and the institutions of higher education governed by
the state board of regents, including requiring the board to
publish certain information related to the average income
and student debt of institution graduates and requiring the
institutions to provide the board with information related
to the average income and student debt of institution
graduates and to adopt procedures that require institutions
to provide information related to the average income and
student debt of institution graduates to undergraduates.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
Section 1. Section 262.9, Code 2023, is amended by adding
the following new subsection:
NEW SUBSECTION. 39. a. Develop and publish on the board’s
internet site a report related to students who have completed
a baccalaureate degree program at an institution of higher
education governed by the board that is consistent with
applicable federal and state privacy restrictions, sortable by
graduating class, academic major, and institution of higher
education, and that includes all of the following information:
(1) The percentage of students who have completed a master’s
or doctorate degree program after completing the baccalaureate
degree program.
(2) The median annual income of students one year, five
years, and ten years after completing the baccalaureate degree
program.
(3) The median student loan debt of students who have
student loan debt and who have completed the baccalaureate
degree program.
(4) The ratio of the student loan debt of students who have
student loan debt and who have completed the baccalaureate
degree program to the annual gross income of such students.
(5) An estimate of the amount of student loan payment
students who have student loan debt and who have completed the
baccalaureate degree program are required to make each month
and the amount, expressed as a percentage, of such payments
related to the students’ monthly gross income.
b. Direct the institutions of higher education governed by
the board to provide the board with the information necessary
to complete and annually update the report described in
paragraph “a”.
c. Direct the institutions of higher education governed
by the board to publish a link to the report described in
paragraph “a” on the institution’s internet site.
d. Direct the institutions of higher education governed by
the board to adopt procedures, subject to the approval of the
-1-board, that require the institution to provide students who are
in the process of completing the first year of a baccalaureate
program at an institution with a link to the report described
in paragraph “a”.
-2-______________________________
PAT GRASSLEYSpeaker of the House______________________________
AMY SINCLAIRPresident of the Senate I hereby certify that this bill originated in the House and is known as House File 135, Ninetieth General Assembly.______________________________
MEGHAN NELSONChief Clerk of the HouseApproved _______________, 2023______________________________
KIM REYNOLDSGovernorjda/jh/md