Requires public institution of higher education to study cost drivers, administrative productivity, organizational structure, space utilization, and faculty productivity.

This bill (S 3292) requires New Jersey's public colleges and universities to conduct five specific studies every two years to assess institutional efficiency. It mandates cost diagnostics identifying funding sources and tuition impacts, administrative productivity analyses, organizational structure reviews for cost-saving opportunities, campus space utilization studies, and faculty productivity reports detailing teaching loads and research time. All findings must be reported to the State’s Higher Education Secretary and made publicly available. The bill aims to identify cost-saving opportunities to reduce expenses passed to students, directly affecting all 15 public institutions of higher education in New Jersey. It is currently pending in the Senate Higher Education Committee.