An Act protecting students and increasing accountability at Massachusetts colleges and universities

This bill requires Massachusetts colleges and universities receiving state financial aid to meet specific accountability standards to continue receiving student scholarships. Institutions must either achieve a 30% undergraduate graduation rate within 150% of expected time (including transfer students) or maintain a 3-year student loan default rate of 20% or lower, based on federal data. The Board of Higher Education will annually determine which schools meet these criteria, publish a compliance list online, and establish appeal processes for institutions that fail to meet standards. This directly affects all public and private colleges in Massachusetts that accept state scholarship funds.