This bill mandates that institutions of higher education in New Jersey collect and report employment data for recent graduates as part of their student consumer information reports. Specifically, it requires these institutions to include information on employment outcomes and earnings data for graduates from the three most recent academic years, utilizing data available through the New Jersey Statewide Data System. This addition aims to enhance transparency regarding the employment success of graduates, thereby aiding students and their families in making informed decisions about their education.

In addition to the new employment data requirement, the bill amends existing provisions to ensure that institutions provide comprehensive information on various aspects of attendance, graduation rates, and faculty composition. Notably, it removes certain language while inserting new requirements for reporting, such as the need for institutions to disaggregate data by demographic factors and to provide a link to the Secretary of Higher Education's comparative profile of student consumer information reports. The bill is set to take effect immediately and will apply to the first full academic year following its enactment.

Statutes affected:
Introduced: 18A:3B-44, 18A:3B-45