College Transparency Act

This bill requires the National Center for Education Statistics (NCES) to establish a secure and privacy-protected data system that contains information about postsecondary students.

Specifically, the data system must

• evaluate student enrollment patterns, progression, completion, and postcollegiate outcomes, and higher education costs and financial aid;
• provide complete and customizable information for students and families making decisions about postsecondary education;
• reduce the requirements for reporting by institutions of higher education; and
• periodically match with other federal systems of data.

The bill also establishes a postsecondary student data system advisory committee.