Sec. 3. Program integrity
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Section 454 of the Higher Education Act of 1965 ( 20 U.S.C. 1087d(a) ), as amended by section 2, is further amended— in subsection (a), by inserting after paragraph
(6)(as added by section 2), the following: provide that the institution will collect and report to the Secretary, by July 1 of each year, data regarding— the 6-year graduation rate for each academic program offered at the institution; the percentage of graduates who are employed full-time or continuing their education full-time 1, 3, and 5 years after graduating; the median full-time wages of graduates for each academic program 1, 3, and 5 years after graduating; the total cost of tuition and fees for the mandatory credit hours necessary to graduate with a degree for each academic program; and the cost to graduate with a degree for each academic program (including tuition, fees, room and board, and books and supplies); and ; and by adding at the end the following: The Secretary shall publish and make publicly available the data described in subsection (a)(7). . Section 498A(a)(1) of the Higher Education Act of 1965 ( 20 U.S.C. 1099c–1(a)(1) ) is amended by striking title; and inserting title, which shall include annually collecting and reporting, for each institution— the average amount of Federal student loan debt owed for an individual student on the date of graduation from that institution; and the rate of loan deferment, rate of forbearance, rate of default, and rate of delinquency (each expressed separately) for borrowers of all Federal student loans, 5, 7, and 10 years after the borrowers’ date of graduation from the institution; .
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U.S. Code
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- 20 USC 1099c–1(a)(1)
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