Page:United States Statutes at Large Volume 112 Part 2.djvu/922

 112 STAT. 1806 PUBLIC LAW 105-244 -OCT. 7, 1998 20 USC 1099b note. (C) students' decisions about whether and where to attend graduate school; (D) graduates' employment decisions; (E) graduates' burden of repayment as reflected by the graduates' ability to save for retirement or invest in a home; and (F) students' future earnings. Deadline. (b) REPORT.—After conclusion of the study required by subsection (a), the Secretary of Education shall submit a final report regarding the findings of the study to the Committee on Labor and Human Resources of the Senate and the Committee on Education and the Workforce of the House of Representatives not later than 18 months after the date of enactment of the Higher Education Amendments of 1998. (c) INFORMATION.—After the study and report under this section are concluded, the Secretary of Education shall determine which information described in subsection (a) would be useful for families to know and shall include such information as part of the comparative information provided to families about the costs of higher education under the provisions of part C of title I. SEC. 804. STUDY OF TRANSFER OF CREDITS. (a) STUDY REQUIRED. — The Secretary of Education shall conduct a study to evaluate policies or practices instituted by recognized accrediting agencies or associations regarding the treatment of the transfer of credits from one institution of higher education to another, giving particular attention to— (1) adopted policies regarding the transfer of credits between institutions of higher education which are accredited by different agencies or associations and the reasons for such policies; (2) adopted policies regarding the transfer of credits between institutions of higher education which are accredited by nationed agencies or associations and institutions of higher education which are accredited by regional agencies and '' associations and the reasons for such policies; (3) the effect of the adoption of such policies on students transferring between such institutions of higher education, including time required to matriculate, increases to the student of tuition and fees paid, and increases to the student with regard to student loan burden; (4) the extent to which Federal financial aid is awarded to such students for the duplication of coursework already completed at another institution; and (5) the aggregate cost to the Federal Government of the adoption of such policies. Deadline. (b) REPORT.—Not later than one year after the date of enactment of this Act, the Secretary of Education shall submit a report to the Chairman and Ranking Minority Member of the Committee on Education and the Workforce of the House of Representatives and the Committee on Labor and Human Resources of the Senate detailing the Secretary's findings regarding the study conducted under subsection (a). The Secretary's report shall include such recommendation with respect to the recognition of accrediting agencies or associations as the Secretary deems advisable.

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