Provision of information about affordability and value of institutions of higher education; rules

(1) Each year, the Higher Education Coordinating Commission shall identify the federal or national entity that best provides information about the affordability and value of institutions of higher education in Oregon. (2) An institution of higher education that operates in this state shall, at the time of application, provide the institution’s students with: (a) A link to the page of the Internet website maintained by the entity identified in subsection (1) of this section that discusses the affordability and value of the institution; or (b) A complete and accurate copy of the page of the Internet website maintained by the entity identified in subsection (1) of this section that discusses the affordability and value of the institution. The institution may provide this copy to students electronically or by mail. (3) If an institution of higher education maintains an Internet website, the institution shall make publicly available on the website in a prominent location the Internet link and copy described in subsection (2) of this section. (4) The requirements set forth for institutions of higher education in subsections (2) and (3) of this section apply only to institutions whose affordability and value is analyzed by the entity identified in subsection (1) of this section. (5) The commission shall work toward developing an Internet website that provides information about the affordability and value of all institutions of higher education that operate in this state. (6) The commission may adopt rules to implement this section.