A bill for an act relating to education reporting, including the sharing of unit-level wage data for secondary and postsecondary program evaluation, the establishment of the condition of education report, consolidating certain required reports, modifying responsibilities for the future ready Iowa last-dollar scholarship report, modifying Iowa workforce development data-sharing provisions, and creating a return on investment reporting system to be overseen by the Iowa student aid commission.

This bill (SF 2407) consolidates and modifies Iowa's education reporting requirements. It requires the Department of Workforce Development to share employment data (like wages and job types) with the Department of Education to evaluate secondary and postsecondary programs. The bill creates an annual "Condition of Education Report" for the legislature, replacing multiple existing reports, and establishes a return-on-investment system where public colleges must report program costs, completion rates, graduate earnings, and alignment with high-demand jobs. This system, overseen by the Iowa Student Aid Commission, will publish consumer-friendly data and may affect college eligibility for state financial aid if institutions fail to comply.