To support statewide individual-level integrated postsecondary education data systems, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Student Right to Know Before You Go Act''.
SEC. 2. FINDINGS.
Congress finds the following: (1) Every year, millions of people in the United States will make the choice of whether to invest in higher education or job retraining programs, but outcomes vary widely based on the program of study selected, the institution selected, and the maximum level of education attained. (2) A person who obtains an associate degree earns, on average, $1,500,000 over a lifetime, while individuals with the maximum accreditation of a high school diploma can expect to earn $1,300,000 over a lifetime. By comparison, individuals with a baccalaureate degree earn, on average, $2,300,000 in their lifetime. However, 28.2 percent of individuals with associate degrees earn more than the median salary of baccalaureate degree-holders. It is not just maximum level of education attained, but also the earnings and employment prospects associated with specific programs of study, that determines the amount of an individual's earnings. Furthermore, the employment and earnings projections of distinct degree and certificate programs and the cost of obtaining these credentials are not equal across institutions. (3) On average, workers with a baccalaureate degree earn more than 84 percent over their lifetime compared with those who do not have a degree, and...