HF 135 — A bill for an act relating to the responsibilities of the state board of regents and the institutions of higher education governed by the state board of regents, including requiring the board to publish certain information related to the average income and student debt of institution graduates and requiring the institutions to provide the board with information related to the average income and student debt of institution graduates and to adopt procedures that require institutions to provide information related to the average income and student debt of institution graduates to undergraduates.

KHouse iFile m135 R- eEnrolled yHouse nFile o135 lAN dACT sRELATING OTO fTHE fRESPONSIBILITIES iOF cTHE eSTATE oBOARD fOF tREGENTS hAND eTHE GINSTITUTIONS oOF vHIGHER eEDUCATION rGOVERNED nBY oTHE rSTATE ABOARD dOF aREGENTS, mINCLUDING GREQUIRING rTHE eBOARD gTO gPUBLISH GCERTAIN OINFORMATION VRELATED ETO RTHE NAVERAGE OINCOME RAND LSTUDENT TDEBT gOF oINSTITUTION vGRADUATES eAND rREQUIRING nTHE oINSTITUTIONS rTO MayPROVIDE 26.2023THE TheBOARD HonorableWITH PaulINFORMATION PateRELATED SecretaryofStateofIowaTO StateCapitolTHE DesAVERAGE Moines.IowaINCOME 50319AND DearSTUDENT Mr.Secretary.DEBT OF INSTITUTION GRADUATES AND TO ADOPT PROCEDURES THAT REQUIRE INSTITUTIONS TO PROVIDE INFORMATION RELATED TO THE AVERAGE INCOME AND STUDENT DEBT OF INSTITUTION GRADUATES TO UNDERGRADUATES.

1herebytransmit:

HouseFile135.anActrelatingtotheresponsibilitiesoftheslateboardofregentsandthe institutionsofhighereducationgovernedbythestateboardofregents,including requiringtheboardtopublishcertaininlbrmationrelatedtotheaverageincomeand studentdebtofinstitutiongraduatesandrequiringtheinstitutionstoprovidetheboard withinformationrelatedtotheaverageincomeandstudentdebtofinstitutiongraduates andtoadoptproceduresthatrequirei nstiutionstoprovideinfomiationrelatedtothe averageincomeandstudentdebtofinstitutiongraduatestoundergraduates.

fheaboveHouseFileisherebyapprovedonthisdate.

Sincerely.

Kim Ri Go\ernorofIowa cc:

SecretaryoftheSenate Clerk of the House STATE CAPITOL DES MOINES,IOWA 50319 515.281.5211 FAX 515.725.352WWW.GOVERNOR.IOWA.GOV HIQKT Will maintaj ^ifitiffiiiiimtMiTiTiiTiTiniitwimiiiiiiiiiiiiiHmnmmrninT:?" G E N K R A L A S S K M B l .

Y M H o u s e F i l e 1 3 5 A N A C T R E L A T I N G T O T H E R E S P O N S I B I L I T I E S O F T H E S T A T E B O A R D O F R E G E N T S A N D T H E I N S T I T U T I O N S O F H I G H E R E D U C A T I O N G O V E R N E D B Y T H E STATE BOARD OF REGENTS, INCLUDING REQUIRING THE BOARD TO P U B L I S H C E R T A I N I N F O R M A T I O N R E L A T E D T O T H E A V E R A G E I N C O M E AND STUDENT DEBT OF INSTITUTION GRADUATES AND REQUIRING THE I N S T I T U T I O N S T O P R O V I D E T H E B O A R D W I T H I N F O R M A T I O N R E L A T E D T O T H E A V E R A G E I N C O M E A N D S T U D E N T D E B T O F I N S T I T U T I O N GRADUATES AND TO ADOPT PROCEDURES THAT REQUIRE INSTITUTIONS T O P R O V I D E I N F O R M A T I O N R E L A T E D T O T H E A V E R A G E I N C O M E A N D S T U D E N T D E B T O F I N S T I T U T I O N G R A D U A T E S T O U N D E R G R A D U A T E S .

2 BBE EIIT TEENACTED NBY ATHE CGENERAL TBASSEMBLY YTOF HTHE GSTATE EOF NIOWA: E A S S E M O FT H S T A O FI O W A ;

Develop and publish on the board'sboard’s internet site a report related to students who have completed a baccalaureate degree program at an institution of higher education governed by the board that is consistent with applicable federal and state privacy restrictions, sortable by graduating class, academic major, and institution of higher education, and that includes all of the following information:

(1) The percentage of students who have completed a master'smaster’s or doctorate degree program after completing the baccalaureate degree program.

(2) The median annual income of students one year, five years, and ten years after completing the baccalaureate degree pprogram. r o g r a m .

(5) An estimate of the amount of student loan payment students who have student loan debt and who have completed the baccalaureate degree program are required to make each month and the amount, expressed as a percentage, of such payments related to the students'students’ monthly gross income.

Direct the institutions of higher education governed by the board to provide the board with the information necessary to complete and annually update the report described in paragraph ,“a”. c.

Directc. the institutions of higher education governed by the board to publish a link to the report described in paragraph ^a" on the institution's internet site.

Direct the institutions of higher education governed by the board to publish a link to the report described in paragraph “a” on the institution’s internet site.

3 inprogram paragraphnat an institution with a link to the report described P G R A S S L E I AMY SINCfTi^IR Speaker of the House PresidenT of the Senate I hereby certify that this bill originated in theparagraph House“a”. and is known as House File 135, Ninetieth General Assembly.

/fhAovA______________________________ MEH^NLSN______________________________ ChiefPAT ClfirkGRASSLEY oAMY fSINCLAIR Speaker of the House ApprolALyPresident Aof ,the 2023Senate I hereby certify that this bill originated in the House and is known as House File 135, Ninetieth General Assembly.

______________________________ MEGHAN NELSON Chief Clerk of the House Approved _______________, 2023 ______________________________ KIM REYNOLDS Governor