College Transparency Act

The College Transparency Act establishes a federal data system to collect and analyze student-level information about college enrollment, costs, completion rates, and post-graduation outcomes. The National Center for Education Statistics must develop this system within 4 years, collecting data on student demographics, program of study, financial aid, and earnings while prohibiting sensitive information like health data or citizenship status. The system will provide public, aggregated data through an online tool that allows students and families to compare institutions and make informed education decisions. The bill repeals a previous prohibition on such a data system and amends requirements for colleges to submit data, aiming to reduce reporting burdens while improving transparency. It includes privacy protections, an advisory committee with diverse representation, and prohibits using the data for federal rankings or to limit student services.