Sponsor: Assemblymember Ed Chau (D)
Summary: Current version (6/17/2014): Requires private postsecondary schools to provide prospective students with a School Performance Fact Sheet, which would include the institution's net price calculator and the average student loan debt of first-time degree- or certificate-seeking undergraduate students of the institution if the institution receives federal funding.
Includes links to specified Internet Web sites providing data relating to college affordability and related topics, posted in a conspicuous location, in the information that the Student Aid Commission is required to provide on its Internet Web site.
Amendment #4 (6/17/2014): http://www.leginfo.ca.gov/pub/13-14/bill/asm/ab_0301-0350/ab_330_bill_20140617_amended_sen_v95.pdf
Amendment #3 (5/23/2014): http://www.leginfo.ca.gov/pub/13-14/bill/asm/ab_0301-0350/ab_330_bill_20140523_amended_sen_v96.pdf
Amendment #2 (1/23/2014): http://www.leginfo.ca.gov/pub/13-14/bill/asm/ab_0301-0350/ab_330_bill_20140123_amended_asm_v97.pdf
Amendment #1 (1/9/2014): http://www.leginfo.ca.gov/pub/13-14/bill/asm/ab_0301-0350/ab_330_bill_20140109_amended_asm_v98.pd f
Introduced version: http://www.leginfo.ca.gov/pub/13-14/bill/asm/ab_0301-0350/ab_330_bill_20130213_introduced.html
Status: Introduced 2/13/2013. Referred to Assembly Committee on Higher Education 2/28/2013. Hearing canceled 4/23/2013. Failed reporting deadline 5/24/2013. Hearing held 1/7/2014. Hearing held; passed committee and referred to Committee on Appropriations 1/14/2014. Hearing held, reported 1/23/2014. Passed Assembly. ordered to Senate 1/29/2014. Referred to Senate Education Committee and Senate Business, Professions and Economic Development Committee 2/6/2014. Amended 5/23/2014. Hearing held, reported, referred to Senate Education Committee and Senate Business, Professions and Economic Development Committee 6/4/2014. Amended 6/17/2014. Hearing held, reported, re-referred to Committee on Appropriations 6/23/2014. Hearing held, reported 8/4/2014.
Outlook: The committee reported this measure out without a vote, per Senate Rule 28.8, as it was found to not contain an appropriation. This measure is now eligible for consideration by the full chamber and is expected to be taken up shortly. Per Joint Rule 61(b)(17), the chamber has by August 31 to act on this measure.
After allowing for public testimony, the Senate Business, Professions and Economic Development Committee recommended this measure for passage unanimously.
This measure was withdrawn by the sponsor, amended and re-referred to the Senate Business, Professions and Economic Development Committee. The author's amendment specifies what type of links should be made available on the Student Aid Commission website.
During the June 4 hearing of the Senate Education Committee, this measure was reported favorable 6-0 and re-referred to the Senate Business, Professions and Economic Development Committee, chaired by Senator Ted Lieu (D), for further consideration. According to the author, comprehensive and meaningful consumer information for students and their families is not readily available to make the best financial and educational decisions about which post-secondary education institution to attend. This measure attempts to centralize information about student debt within the CSAC and/or the BPPE to provide families with information that is easy to use, compare, and understand, as a way to decide between educational institutions. Registering in support of this measure were representatives of the California Federation of Teachers and University of California Student Association. Registering in opposition to the measure were representatives of the American Career College/West Coast University, California Association of Private Postsecondary Schools, Corinthian Colleges and University of Phoenix.
The Assembly adopted this measure by a 53-24 partisan vote and transmitted it to the Senate where it was referred to the Committee on Rules. The Democratic Party controls both legislative chambers as well as the Governor's office.
Effective Date: Upon approval of the Governor
*Information provided by www.stateside.com