Page:United States Statutes at Large Volume 112 Part 2.djvu/719

 PUBLIC LAW 105-244—OCT. 7, 1998 112 STAT. 1603 "(ii) cost of attendance for a fiili-time undergraduate student, consistent with the provisions of section 472; "(iii) average amount of financial assistance received by an undergraduate student who attends an institution of higher education, including— "(I) each type of assistance or benefit described in section 428(a)(2)(C)(i); "(II) fellowships; and "(III) institutional and other assistance; and "(iv) number of students receiving financial assistance described in each of subclauses (I), (II), and (III) of clause (iii); "(B) not later than 90 days after the date of enactment Deadline, of the Higher Education Amendments of 1998, report the Reports, definitions to each institution of higher education and within a reasonable period of time thereafter inform the Committee on Labor and Human Resources of the Senate and the Committee on Education and the Workforce of the House of Representatives of those definitions; and "(C) collect information regarding the data elements described in subparagraph (A) with respect to at least all institutions of higher education participating in programs under title IV, beginning with the information from academic year 2000-2001 and annually thereafter. "(b) DATA DISSEMINATION. — The Secretary shall make available the data collected pursuant to subsection (a). Such data shall be available in a form that permits the review and comparison of the data submissions of individual institutions of higher education. Such data shall be presented in a form that is easily understandable and allows parents and students to make informed decisions based on the costs for typical full-time undergraduate students. " (c) STUDY.— "(1) IN GENERAL. — The Commissioner of Education Statistics shall conduct a national study of expenditures at institutions of higher education. Such study shall include information with respect to— "(A) the change in tuition and fees compared with the consumer price index and other appropriate measures of infiation; "(B) faculty salaries and benefits; "(C) administrative salaries, benefits and expenses; "(D) academic support services; "(E) research; "(F) operations and maintenance; and "(G) institutional expenditures for construction and technology and the potential cost of replacing instructional buildings and equipment. "(2) EVALUATION.—The study shall include an evaluation of— "(A) changes over time in the expenditures identified in paragraph (1); "(B) the relationship of the expenditures identified in paragraph (1) to college costs; and (C) the extent to which increases in institutional financial aid and tuition discounting practices aftect tuition increases, including the demographics of students receiving

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