A bill for an act relating to education reporting, including the sharing of unit-level wage data for secondary and postsecondary program evaluation, the establishment of the condition of education report, consolidating certain required reports, modifying responsibilities for the future ready Iowa last-dollar scholarship report, modifying Iowa workforce development data-sharing provisions, and creating a return on investment reporting system to be overseen by the Iowa student aid commission.

HF 2725 requires Iowa's Department of Workforce Development to share unit-level wage data (like job titles, earnings, and locations) with the Department of Education for evaluating secondary and postsecondary education programs. It establishes an annual "condition of education report" due April 1 each year, consolidating multiple existing reports, and creates a statewide return on investment (ROI) reporting system overseen by the Iowa Student Aid Commission. Public colleges and universities must submit program-level data - including costs, completion rates, graduate earnings, and job placement - to the Commission for public publication. Institutions failing to comply may lose eligibility for state financial aid programs, though federal aid remains unaffected. The bill directly affects public colleges, students seeking program transparency, and state agencies managing education data.