Policy Impact Analysis - 117/HR/7150

Bill Overview

Title: To amend the Higher Education Act of 1965 to strengthen oversight and disclosures relating to foreign support for institutions of higher education, and for other purposes.

Description: This bill revises oversight and disclosure requirements related to foreign sources and institutions of higher education (IHEs). For example, the bill establishes the Office for Foreign Gifts and Contracts Oversight within the Department of Education.  Additionally, the bill requires an IHE to disclose to the office any gift or contract from a foreign source that (1) is valued at $50,000 or more, considered alone or in combination with all other gifts or contracts within a calendar year (current disclosure threshold is $250,000 or more); or (2) has an undetermined monetary value.

Sponsors: Rep. Banks, Jim [R-IN-3]

Target Audience

Population: People in U.S. institutions of higher education

Estimated Size: 3500000

Reasoning

Simulated Interviews

Director of International Programs (Boston, MA)

Age: 45 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 4/20

Statement of Opinion:

  • I think increased transparency is important but implementing these changes will require more resources and adjustment period.
  • I anticipate a busy period as we adjust our processes to comply with new reporting requirements.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 7 7

Graduate student (Los Angeles, CA)

Age: 29 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 2.0 years

Commonness: 6/20

Statement of Opinion:

  • I'm concerned that some international collaborations might be affected, possibly limiting resources for my research.
  • It is important to know where funding comes from, but it shouldn't hinder academic progress.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 6
Year 5 7 6
Year 10 7 6
Year 20 7 6

University President (New York, NY)

Age: 52 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 5.0 years

Commonness: 2/20

Statement of Opinion:

  • Increased oversight is a positive step, though it might require substantial administrative overhaul and resource allocation.
  • We'll need to ensure this does not deter potential beneficial international collaborations.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 8
Year 2 8 8
Year 3 8 8
Year 5 8 8
Year 10 9 8
Year 20 8 8

Undergraduate student (Chicago, IL)

Age: 23 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 1.0 years

Commonness: 10/20

Statement of Opinion:

  • I hope this policy doesn't complicate my plans to study abroad.
  • Important for accountability, but adjustments shouldn't impact students outwardly.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

Compliance Officer (Seattle, WA)

Age: 40 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 4/20

Statement of Opinion:

  • This policy will require significant procedural updates and training.
  • Necessary for transparency, but resources for compliance are critical.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 7 7

Research Analyst (Austin, TX)

Age: 31 | Gender: other

Wellbeing Before Policy: 6

Duration of Impact: 2.0 years

Commonness: 5/20

Statement of Opinion:

  • There's some uncertainty about how these changes might affect funding availability for research.
  • It's crucial to maintain international funding while meeting new rules.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 6
Year 5 7 6
Year 10 7 6
Year 20 6 6

Legal Advisor (Raleigh, NC)

Age: 50 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 4.0 years

Commonness: 5/20

Statement of Opinion:

  • Increased regulation is positive for oversight but requires careful legal navigation.
  • Advisory work will increase as institutions adapt to new requirements.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 7 7

Financial Officer (Miami, FL)

Age: 38 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 3.0 years

Commonness: 6/20

Statement of Opinion:

  • The policy seems justified for transparency, though initial costs for implementation will be high.
  • It's important to balance costs with the benefit of increased transparency.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 8
Year 2 8 8
Year 3 8 8
Year 5 8 8
Year 10 8 8
Year 20 8 8

Recent graduate (San Francisco, CA)

Age: 24 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 1.0 years

Commonness: 8/20

Statement of Opinion:

  • It is crucial for students to have transparent partnerships and funding sources.
  • As alumni, we value knowledge of secure and ethical sources of funding.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 6 6
Year 10 6 6
Year 20 6 6

Policy Analyst (Washington, D.C.)

Age: 57 | Gender: male

Wellbeing Before Policy: 9

Duration of Impact: 5.0 years

Commonness: 3/20

Statement of Opinion:

  • This policy aligns with the increasing need for accountability in higher education funding.
  • The challenge will be ensuring institutions adhere without stunting beneficial international relations.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 9
Year 2 9 9
Year 3 9 9
Year 5 9 9
Year 10 9 9
Year 20 9 9

Cost Estimates

Year 1: $10000000 (Low: $8000000, High: $12000000)

Year 2: $9000000 (Low: $7000000, High: $11000000)

Year 3: $9000000 (Low: $7000000, High: $11000000)

Year 5: $8500000 (Low: $6000000, High: $10000000)

Year 10: $8000000 (Low: $5000000, High: $10000000)

Year 100: $8000000 (Low: $5000000, High: $10000000)

Key Considerations