1.1.................... moves to amend S.F. No. 2415, the third engrossment, as amended, as
1.3Page 41, after line 18, insert:

1.5(a) The Board of Trustees of the Minnesota State Colleges and Universities must make
1.6available to all enrolled and prospective students a student debt projection tool. The tool
1.8(1) incorporate information regarding the cost of various degrees and programs offered
1.9by the institution;
1.10(2) allow a student to enter customized loan types, balances, interest rates, and applicable
1.11repayment plans;
1.12(3) show resulting monthly payments and the number of years required to pay off debt;
1.13(4) include information about average annual salaries for various professions and
1.14occupations; and
1.15(5) provide any additional information necessary to fully inform students of the financial
1.16consequences student loan debt.
1.17(b) Upon enrollment at a state college or university, a student must sign a form developed
1.18by the Board of Trustees verifying that the student has received information regarding the
1.19debt projection tool required in paragraph (a).
1.20(c) The Board of Regents of the University of Minnesota is requested to comply with
1.21this section."
1.22Renumber the sections in sequence and correct the internal references
2.1Amend the title accordingly