HB 18-1226

House Bill 18-1226, also known as "Higher Education Review Degree Program Costs And Outcomes," requires Colorado's Department of Higher Education to create an annual report that evaluates the costs and benefits of various college degree and certificate programs. This report will include details like average student loan debt and how long it takes students to complete their programs. The information will be shared with education committees in the state legislature and made available on the department’s website. Since the bill has been signed, it is now law and the Department of Higher Education must start preparing these reports annually.

Official Summary

The bill 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 institution of higher education, as defined in the bill. The bill 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. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More

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