NJ S1436

Creates a 12-member Commission on Oversight of Public Institutions of Higher Education within the Office of the Secretary of Higher Education to examine financial transparency, accountability, and oversight of New Jersey public colleges and universities

Commission membership includes the Secretary of Higher Education, Executive Director of the Higher Education Student Assistance Authority, university and college presidents, a labor union representative, a faculty member, a fiscal management expert, and three student representatives from different institution types

Appointments must be made within 60 days of the act's effective date, with the commission required to organize within 90 days and meet a minimum of three times

Commission must study tuition and fee transparency, student loan debt disclosures, program quality, student outcomes, performance evaluation capabilities, and protections against predatory lending

Final report with findings and recommendations due to the Governor and Legislature within 180 days of organization, after which the commission expires 30 days later