Bill Text: IA HF135 | 2023-2024 | 90th General Assembly | Enrolled
Bill Title: A bill for an act relating 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. (Formerly HF 11.) Effective date: 07/01/2023.
Spectrum: Committee Bill
Status: (Passed) 2023-05-26 - Signed by Governor. H.J. 1038. [HF135 Detail]
Download: Iowa-2023-HF135-Enrolled.html
House
File
135
-
Enrolled
House
File
135
AN
ACT
RELATING
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.
House
File
135,
p.
2
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
board,
that
require
the
institution
to
provide
students
who
are
in
the
process
of
completing
the
first
year
of
a
baccalaureate
House
File
135,
p.
3
program
at
an
institution
with
a
link
to
the
report
described
in
paragraph
“a”
.
______________________________
PAT
GRASSLEY
Speaker
of
the
House
______________________________
AMY
SINCLAIR
President
of
the
Senate
I
hereby
certify
that
this
bill
originated
in
the
House
and
is
known
as
House
File
135,
Ninetieth
General
Assembly.
______________________________
MEGHAN
NELSON
Chief
Clerk
of
the
House
Approved
_______________,
2023
______________________________
KIM
REYNOLDS
Governor
