Requires annual report on New Jersey College Loans to Assist State Students (NJCLASS) Loan Program to include information on borrower delinquency and administrative wage garnishments.

This bill (S 1645) requires the Higher Education Student Assistance Authority (HESAA) to add specific details to its annual report on New Jersey's NJCLASS student loan program. The report must now include data on how many borrowers reached 90 days of delinquency, the number of administrative wage garnishment orders initiated and issued, and the amounts collected through these garnishments. These additions apply directly to HESAA, which must submit the expanded report to the Governor, Senate President, and Assembly Speaker by August 1 each year. The bill does not change loan terms or repayment rules but increases transparency around borrower delinquency and collection practices.