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OR SB1037

Bill

Status

Failed

6/27/2025

Primary Sponsor

Kim Thatcher

Click for details

Origin

Senate

2025 Legislative Measures

AI Summary

  • Amends ORS 348.100 to require institutions of higher education to provide students with a realistic expectation of income during the 10-year period immediately after obtaining their degree for individuals working in a field related to their degree program

  • Applies to students for whom institutions receive federal education loan information, with disclosures provided annually alongside existing loan information requirements

  • Existing law already requires institutions to disclose: total federal loans received, cumulative tuition and fees paid, estimated loan payoff amounts, monthly payment estimates, and percentage of borrowing limits reached

  • All required information must be provided in a unified, comprehensive manner using plain language that is easy to understand

  • Institutions of higher education are not liable for any representations made under these disclosure requirements

Legislative Description

Relating to income information provided to students in higher education.

Last Action

In committee upon adjournment.

6/27/2025

Committee Referrals

Education2/18/2025

Full Bill Text

No bill text available