HB1878 Summary

• Requires each board of regents to maintain an "informed student document" for Oklahoma higher education institutions that provides information to prospective students and their parents.

• Document must identify the institutional grouping assigned under the state's higher education accountability system and list both in-state and out-of-state peer institutions for comparison purposes.

• Requires inclusion of cost data (tuition, net costs, student debt), student success metrics (graduation rates, Collegiate Learning Assessment scores), and admissions information (test score ranges, acceptance rates, top 10% admission rates).

• Requires inclusion of detailed employment and earnings data by major, including starting salaries, unemployment rates, and earning percentiles for recent and experienced graduates, sorted alphabetically by university or academic program.

• Mandates prospective students verify by signature that they have read the entire document before enrollment consideration, and requires documents be made publicly available on institutional and board of regents websites; effective November 1, 2013.