Requires public institution of higher education to study cost drivers, administrative productivity, organizational structure, space utilization, and faculty productivity.

This bill requires New Jersey's public colleges and universities to conduct five specific biennial studies to improve operational efficiency. Institutions must analyze cost drivers over the past decade, measure administrative productivity, review organizational structure for cost-saving opportunities, assess campus space utilization, and report on faculty teaching and research activities. The studies aim to identify ways to reduce costs without increasing tuition or student fees, with findings made publicly available online. This applies to all 16 public higher education institutions in New Jersey. The bill mandates these assessments starting immediately upon enactment.