Annual return on investment report - undergraduate degree and certificate programs - state institutions of higher education - appropriation. The act requires the department of higher education (department) to prepare an annual return on investment report of undergraduate degree programs and certificate programs offered at each state institution of higher education.
The act specifies the information and analysis that must be included in the return on investment report, which includes, in part, the average student loan debt for students in the undergraduate degree program or certificate program and the average time to completion for students in the degree program or certificate program. The department shall submit the annual return on investment report to the education committees of the general assembly and shall post the report on the department's website.
For the 2018-19 state fiscal year, the act appropriates $74,153 of general fund to the department for administration expenses relating to the Colorado commission on higher education.
(Note: This summary applies to this bill as enacted.)