The Students' Right to Know Act of 2023 is a legislative bill that mandates the Alabama Commission on Higher Education to gather data and create an interactive online tool to assist students in making informed decisions regarding their educational and professional paths. The bill outlines the specific types of information to be collected, including the most in-demand jobs in the state, corresponding starting salaries, education level requirements, average costs of colleges and universities, student loan payments, default rates, graduation rates, and salaries post-graduation for various programs and majors. Additionally, the bill requires the creation of a Student Horizon Database and a Student Graduate Horizon Scorecard to publish this information in an accessible manner for students.

The bill also stipulates that the commission must issue an annual report to the Legislature on the effectiveness of postsecondary institutions in aligning their programs with the job market. The commission and the Workforce Development Division of the Department of Commerce are to share data as necessary to comply with the act. The commission may use existing databases or compel colleges and universities to provide the required information. The act is set to become effective on January 1, 2024, and includes provisions for the commission to adopt any necessary rules for implementation.