Establishes the Non-Degree Proprietary School Supervision and Student Protection Act.

The Non-Degree Proprietary School Supervision and Student Protection Act prohibits proprietary institutions from including mandatory binding arbitration clauses in enrollment contracts. It mandates that schools submit data on student debt and employment outcomes. The commissioner can impose civil penalties for violations, including operating without a license or making false claims. The act also outlines the management of a tuition reimbursement account and the conditions under which schools must pay into it.

Establishes the Non-Degree Proprietary School Supervision and Student Protection Act.

The Non-Degree Proprietary School Supervision and Student Protection Act prohibits proprietary institutions from including mandatory binding arbitration clauses in enrollment contracts. It mandates that schools submit data on student debt and employment outcomes. The commissioner can impose civil penalties for violations, including operating without a license or making false claims. The act also outlines the management of a tuition reimbursement account and the conditions under which schools must pay into it.