This bill mandates that institutions of higher education in New Jersey collect and publicly report employment outcomes and earnings data for their graduates. Specifically, it requires these institutions to include detailed information on their websites regarding the employment status of graduates from the three most recent academic years. The data must encompass the percentage of graduates employed full-time in fields related to their majors, those employed in any field, the percentage of graduates enrolling in graduate programs, and the average salary earned one year post-graduation. Additionally, this information must be disaggregated by various demographic factors, including race, ethnicity, age, family income, gender, and first-generation status.

To enhance transparency, the bill also stipulates that institutions must maintain this employment data on their websites for four years and conduct annual employment surveys of the previous year's graduates. Institutions are required to report any available employment outcomes and earnings data for the first three academic years following the bill's enactment. The bill amends existing law to include these new reporting requirements while retaining the obligation to provide information on attendance costs, graduation rates, and faculty composition.

Statutes affected:
Introduced: 18A:3B-44