HEA Legislation Includes Hundreds of New Reporting Requirements
Jan. 8, 2008
As Congress returns from its
holiday recess, the reauthorization of the Higher Education Act (HEA) is
once again on the agenda.
The Senate approved its version
of the reauthorization (S. 1642) on July 24 and the House Education and
Labor Committee has readied a bill (H.R. 4137) that is expected to be considered by the
full House in the coming weeks.
Of particular concern to the
higher education community is the large number of new reporting
requirements in both bills. In the House measure, a minimum of 189
new requirements address such topics as college cost, student loans,
file sharing, and textbook pricing.
In the area of college costs,
H.R. 4137 creates a “higher education price index” that will
reflect annual changes in tuition and fees at individual
institutions. Schools whose tuition or fee increases exceed the
index would be placed on a “watch list” and required to
convene a “quality-efficiency task force” to review their
operating costs as compared to similar institutions; results of the task
force review would be published on the Department of Education’s
College Navigator web site.
Colleges would also be
required to publish net price information by income in all application
materials. In order to meet this requirement,
institutions would be required to adopt the Department’s net price
calculator or develop their own.
In response to the recent
scrutiny regarding student loans, the bill includes several new
requirements for institutional disclosure regarding financial
aid. Colleges and universities must compile an annual report for
each lender with which they have education loan arrangements and include
details of the lender disclosure form provided to students and an
explanation of why the terms and conditions of each type of loan under
the agreement are beneficial to student and parents. Institutions with preferred lender agreements must provide a
list of such agreements and relevant details, including why the lender
was selected.
The bill also requires
institutions to provide policies and procedures related to illegal
downloading or peer-to-peer file sharing to students and staff, as well
as to develop plans for alternatives to illegal downloading and
“technology-based” deterrents to prevent such
activity.
Other reporting requirements
include reports on retail prices for required and recommended texts and
related materials for all courses offered, expansion of crime reporting
categories, fire safety disclosures and logs, and the identification of
the names and addresses of any entities or individuals who contribute $1
million or more under Title VI to any institution.
For full details, see the following overview of the reporting requirements in both
the House and Senate bills prepared by the American Council on
Education.
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