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.

This bill establishes a new system for tracking the effectiveness of Iowa's education programs. It requires schools and colleges to report detailed data on program costs, completion rates, graduate employment, and earnings to the Iowa Student Aid Commission. The commission will then compile and publish this "return on investment" data in a public format, helping students and families compare program outcomes. Additionally, the bill consolidates multiple education reports into an annual "Condition of Education Report" and modifies how workforce data is shared for program evaluation. These changes directly affect public colleges, secondary schools, and students seeking postsecondary education.