Higher education and workforce development matters.

Establishes additional duties for the governor's workforce cabinet and requires the cabinet to perform certain duties jointly with other state agencies. Requires the Indiana management performance hub, in collaboration with the department of education (department) and commission for higher education (commission), to: (1) collect and compile certain student income data; and (2) compile into a data product on the department's and commission's websites certain data. Requires the secretary of education to establish a plan to develop a market driven stackable credentials and qualifications framework and submit the plan to the general assembly. Provides that the commission shall (instead of may) approve or disapprove certain branches, campuses, centers, new colleges, new schools, degrees, or programs. Provides that before the commission approves or disapproves a degree or program, a state educational institution shall provide, and the commission shall consider, certain information regarding the degree or program. Requires the commission to: (1) review each degree or program for approval or disapproval at least one time every 10 years; (2) outline a process for degree and program monitoring, improvement, suspension, and closure; (3) publish certain information; and (4) take official action regarding the approval or disapproval of certain requests within 90 days. Requires a state educational institution to approve for admission Indiana residents who meet certain requirements. Requires the board of trustees of a state educational institution to do the following: (1) When reviewing tenured faculty members, assess and review the staffing needs of the institution based on the branches, campuses, extension centers, colleges, schools, and degree and programs of the institution. (2) Submit to the commission any review of, renewal of, or amendment to the process or criteria regarding the tenured faculty member review. Requires the commission to promptly review the process and criteria and provide feedback to a board of trustees. Requires the commission to prepare and submit an annual report to the legislative council regarding certain student enrollment data. Adds duties for the department of workforce development.