This bill amends Minnesota Statutes 2024, section 136A.103, to enhance transparency and accountability for postsecondary institutions regarding employment outcomes for their graduates. It introduces a new requirement for eligible institutions to prominently display job placement rates and median earnings of graduates for each specific field of study in their catalogs and on their websites. Additionally, institutions must report this job placement and earnings information annually to the relevant state office, which will develop the metrics for reporting and conduct random audits to ensure compliance.

Furthermore, the bill stipulates that noncompliance with these reporting requirements will be reported to the chairs and ranking minority members of the legislative committees overseeing higher education. This legislative change aims to provide prospective students with essential information to make informed decisions about their education and future employment opportunities.

Statutes affected:
Introduction: 136A.103