New Jersey S1532 applies consumer information reporting requirements to proprietary schools and restricts state student aid eligibility for students.
New Jersey S1532 amends the "New Jersey College Student and Parent Consumer Information Act" to include proprietary schools. These schools must now annually disclose on their websites various measures of student graduation rates, school costs, and student loan indebtedness. The Secretary of Higher Education will compile these reports into a comparative profile, allowing students and families to compare information across institutions.
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