College Transparency Act: Better Data on Costs, Completion, and Graduate Earnings.
This Act establishes a secure, student-level data system to provide citizens with accurate, customizable information about higher education. Students and families will gain access to detailed, comparable data on college costs, completion rates, and post-graduation earnings by program of study, enabling more informed financial and educational choices. The system is designed to reduce reporting burdens for institutions while strictly protecting student privacy.
Key points
The new data system will publicly report aggregate information on student outcomes, including completion rates, debt levels, and median earnings, broken down by specific academic programs.
Strict privacy rules prohibit the collection of sensitive personal data (like health records or exact addresses) and forbid using the data for law enforcement or debt collection activities.
The system will periodically match data with federal agencies (like the IRS and Census) to accurately track graduate earnings, but without creating a single, linked federal database.
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