HLS 10RS-2762 ORIGINAL Page 1 of 3 Regular Session, 2010 HOUSE CONCURRENT RESOLUTI ON NO. 152 BY REPRESENTATIVE TUCKER HIGHER EDUCATION: Directs public postsecondary education management boards and the Board of Regents to publish certain performance and cost data relative to public postsecondary education in La. A CONCURRENT RESOLUTI ON1 To direct the public postsecondary education management boards and the Board of Regents2 to publish, including on their respective websites, certain performance and cost data3 relative to public postsecondary education in Louisiana.4 WHEREAS, the cost of attending a postsecondary institution represents a significant5 investment of family income; and6 WHEREAS, most students or their parents must borrow a portion of the funds or7 incur other forms of debt to cover the cost of such attendance; and8 WHEREAS, significant variations in cost exist depending on student attendance9 patterns; and10 WHEREAS, information regarding student financial aid and hardship waivers are11 essential elements of determining out-of-pocket costs, and12 WHEREAS, in order to earn a living and repay loans, students need to successfully13 earn a meaningful degree; and14 WHEREAS, retention and graduation rates, as well as the average time it takes a15 student to earn a degree, vary substantially between the state's public postsecondary16 education institutions; and17 WHEREAS, in addition to information about academic offerings, it is vital that18 students and parents have access to certain performance and cost data in order to make19 informed, affordable choices with respect to postsecondary education.20 HLS 10RS-2762 ORIGINAL HCR NO. 152 Page 2 of 3 THEREFORE, BE IT RESOLVED that the Legislature of Louisiana hereby directs1 each public postsecondary education management board and the Board of Regents to2 publish, including on their respective websites, certain performance and cost data relative3 to public postsecondary education in Louisiana. 4 BE IT FURTHER RESOLVED that each postsecondary management board shall5 publish the following performance and cost data relative to its institutions:6 (1) For each four-year institution: the retention rate from freshman to sophomore7 year; four-year, six-year, and eight-year graduation rates as calculated using the methods of8 the National Center for Educational Statistics; the average time it takes to earn a9 baccalaureate degree in years and tenths of years; the average yearly cost of attendance as10 reported to the United States Department of Education, including tuition, fees, room, board,11 books, and other costs associated with attendance; the criteria for obtaining hardship waivers12 and the dollar amount of the associated cost reduction; and the federal, state, and13 institutional aid available as well as the associated criteria for obtaining such aid.14 (2) For each two-year institution: the retention rate from freshman to sophomore15 year; the two-year and three-year graduation rate; the rate of transfer to four-year16 institutions; the average time it takes to earn an associate degree; the average yearly cost of17 attendance for commuter students; and the federal, state, and institutional aid available at the18 institution as well as the associated criteria for obtaining such aid. 19 BE IT FURTHER RESOLVED that the Board of Regents shall maintain a section20 of its website dedicated to publishing the most recent retention and graduation rates,21 computed using the methods of the National Center for Educational Statistics, and the22 current average time it takes for students to earn degrees at each public postsecondary23 education institution as computed by the Board of Regents. 24 BE IT FURTHER RESOLVED that a suitable copy of this Resolution be transmitted25 to the chairman of each public postsecondary education management board and of the Board26 of Regents.27 HLS 10RS-2762 ORIGINAL HCR NO. 152 Page 3 of 3 DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] Tucker HCR No. 152 Directs public postsecondary education management boards and Board of Regents to publish certain performance and cost data.