We have received text from S. 2511: College Transparency Act. This bill was received on 2025-07-29, and currently has 21 cosponsors.
Here is a short summary of the bill:
The College Transparency Act aims to establish a new system for collecting and managing data on postsecondary students across the United States. Here is a breakdown of what the bill entails:
Purpose of the Bill
The main goal of this legislation is to create a secure data system that provides valuable information about students’ enrollment, progression, completion rates, and outcomes after graduation. This will help various stakeholders, including students, families, and educational institutions, make informed decisions regarding postsecondary education.
Key Features of the Postsecondary Student Data System
- Data Collection: The system will collect data on student enrollment patterns, progression toward degrees, completion rates, and post-college outcomes like employment and earnings. It will also assess the costs of higher education and the impact of financial aid.
- Customizable Information: The system aims to provide customizable reports for users, helping them compare different institutions and programs effectively.
- Reducing Reporting Burden: The new system is designed to lessen the reporting burden on institutions of higher education by streamlining data collection processes.
- Data Privacy and Security: The Act outlines specific provisions to ensure that the privacy and security of students’ personal information are respected and maintained.
Implementation Timeline
The bill mandates that the new data system be developed and made operational within four years after its enactment. During this period, the National Center for Education Statistics will oversee the creation and maintenance of the data system.
Advisory Committee
An Advisory Committee will be established within two years of the bill's enactment to provide guidance on data elements for inclusion in the system. The committee will consist of various stakeholders, including representatives from higher education institutions, state agencies, and student groups.
Data Elements
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The Commissioner will determine the necessary data elements for the system, focusing on factors like:
- Enrollment status
- Race and ethnicity
- Age
- Gender
- Financial aid status
- Metrics related to educational outcomes
- Certain data types are explicitly prohibited from being included, such as individual health records, student discipline records, and personal identifiers like exact addresses.
Data Sharing Agreements
The Act provides for data sharing agreements with other federal agencies to allow for comprehensive evaluations of educational outcomes and the effectiveness of federal aid programs.
Publicly Available Information
Summary statistics resulting from the data will be made publicly available through a user-friendly website, allowing users to analyze and compare postsecondary institutions without disclosing personally identifiable information.
Penalty for Unauthorized Disclosure
The bill establishes penalties for willfully disclosing personally identifiable information from the system, ensuring strict adherence to data protection regulations.
Feedback and Reporting
Institutions will receive regular feedback reports containing information about their students’ outcomes, which will help them enhance their programs and services.
Transition Provisions
The bill includes provisions to transition smoothly from existing data reporting systems to the new framework, aiming to minimize disruption for educational institutions already involved in data reporting.
Relevant Companies
None found.
Senator Bill Cassidy Bill Proposals
Here are some bills which have recently been proposed by Senator Bill Cassidy:
- S.2561: A bill to amend title XVIII of the Social Security Act to reform the payment rules regarding skin substitute products.
- S.2511: College Transparency Act
- S.2375: National Net Interest is National Security Act of 2025
- S.2217: Independent Retirement Fairness Act
- S.2210: Unlocking Benefits for Independent Workers Act
- S.2121: SUPPORT for Patients and Communities Reauthorization Act of 2025
You can track bills proposed by Senator Bill Cassidy on Quiver Quantitative's politician page for Cassidy.
Senator Bill Cassidy Net Worth
Quiver Quantitative estimates that Senator Bill Cassidy is worth $447.5K, as of August 5th, 2025. This is the 361st highest net worth in Congress, per our live estimates.
Cassidy has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Senator Bill Cassidy's net worth on Quiver Quantitative's politician page for Cassidy.
Senator Bill Cassidy Stock Trading
We have data on up to $3.5M of trades from Senator Bill Cassidy, which we parsed from STOCK Act filings. Some of the largest trades include:
- A March 31st, 2016 sale of up to $50K of $CMI. The stock has risen 228.9% since then.
- A March 31st, 2016 sale of up to $50K of $TM. The stock has risen 71.47% since then.
- A March 9th, 2020 sale of up to $15K of $BLK. The stock has risen 166.36% since then.
- A October 25th, 2017 purchase of up to $15K of $DIS. The stock has risen 22.03% since then.
- A July 15th, 2016 sale of up to $15K of $SO. The stock has risen 79.0% since then.
You can track Senator Bill Cassidy's stock trading on Quiver Quantitative's politician page for Cassidy.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
