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OR SB1037
Bill
Status
6/27/2025
Primary Sponsor
Kim Thatcher
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AI Summary
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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
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Applies to students for whom institutions receive federal education loan information, with disclosures provided annually alongside existing loan information requirements
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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
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All required information must be provided in a unified, comprehensive manner using plain language that is easy to understand
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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