This bill mandates that public institutions of higher education in New Jersey provide specific information on their websites to enhance transparency and accountability. It requires four-year public institutions to disclose the average time-to-degree completion for each baccalaureate degree, defined as the duration from a student's initial enrollment to degree conferral. Additionally, county colleges must post measures of student outcomes for each associate degree, as determined by the Secretary of Higher Education in consultation with the New Jersey Council of County Colleges.

Furthermore, the bill stipulates that public institutions must make their annual fiscal monitoring reports and audits available on their websites. Institutions are also required to submit a direct link to this information to the Secretary of Higher Education and provide a clear and understandable summary of the posted information for public access. The Secretary of Higher Education is tasked with adopting necessary rules and regulations to implement these provisions, and the act will take effect immediately, applying to the first full academic year following its enactment.