"College Sticker Price Act of 2022"; enact to provide students and families certain program and cost information.
Impact
The legislation will significantly influence state laws related to higher education data practices by creating a mandated structure for institutions to report and publish detailed cost information transparently. By ensuring that this information is machine-readable and updated annually, the act aims to make it more accessible and user-friendly. Additionally, it will establish a new higher education data system to compile and analyze critical student metrics while ensuring the privacy and security of student data are maintained. This move expects to minimize the risks associated with data sharing and improve the quality of statistical data available for educational institutions.
Summary
House Bill 464, known as the College Sticker Price Act of 2022, aims to enhance transparency in college costs for prospective students and their families in Mississippi. The bill mandates that all postsecondary educational institutions disclose detailed information regarding academic, career and technical, and vocational programs. This includes the total annual cost of attendance, tuition and fees, room and board costs, and anticipated grant aid available to students. To facilitate this, it requires the establishment of a universal net price calculator to allow families to easily estimate the expected costs of attending these institutions.
Sentiment
The reception of HB 464 was largely positive among supporters, who believe the bill will empower students and families by improving access to essential information that can facilitate more informed financial decisions regarding education. Critics, although limited, may express concerns regarding the potential burden of compliance on smaller institutions and the implications of increased data reporting requirements. However, the general sentiment reflects a strong consensus on the need for greater clarity around college affordability and transparency in education costs.
Contention
Although the act is designed to provide clear benefits, there are notable concerns regarding the privacy of student data and the feasibility of implementing the required systems, particularly for smaller institutions. Moreover, the effective operation of the universal net price calculator will require rigorous testing and ongoing updates to ensure accuracy and usability, which could pose logistical challenges. Still, as the act progresses, continuous oversight and adjustments may be necessary to address any emerging issues related to data management and institutional capabilities.
Appropriations: school aid; fiscal year 2024-2025 omnibus appropriations for K-12 school aid, higher education, and community colleges; provide for. Amends, adds & repeals (See bill).
"Collegiate Computerized Educational Device (C-CompED) Act"; authorize public postsecondary educational institutions to purchase wireless communication devices for students.