1. The coordinating board shall promulgate rules and regulations to ensure that each approved public higher education institution shall post on its website the names of all faculty, including adjunct, part-time, and full-time faculty, who are given full or partial teaching assignments along with web links or other means of providing information about their academic credentials and, where feasible, instructor ratings by students. In addition, public institutions of higher education shall post course schedules on their websites that include the name of the instructor assigned to each course and, if applicable, each section of a course, as well as identifying those instructors who are teaching assistants, provided that the institution may modify and update the identity of instructors as courses and sections are added or cancelled.

2. The coordinating board for higher education and the department of economic development shall jointly provide the following information for each credential offered by a public institution of higher education:

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(1) Common areas of employment for people who have earned the credential, including estimates of the numbers and types of jobs available in the professions or industries in which people who have earned the credential usually work;

(2) The number and percentage of graduates who earned the credential who were employed within one year of graduation for the five most recent graduating classes and, for the graduates so employed, their average income, where such data are available and can be provided in a manner that protects the privacy of graduates;

(3) The number and percentage of graduates who earned the credential who were working in a field related to their educational program within one year of graduation for the five most recent graduating classes and, for the graduates so employed, their average income, where such data are available and can be provided in a manner that protects the privacy of graduates;

(4) The number and percentage of graduates who earned the credential who were working in any field of employment within one year of graduation for the five most recent graduating classes and, for the graduates so employed, their average income, where such data are available and can be provided in a manner that protects the privacy of graduates;

(5) The average income and salary range for each year of the five years immediately following graduation for graduates who were employed for at least five years following graduation but not more than ten years, where such data are available and can be provided in a manner that protects the privacy of graduates;

(6) The number of academic years likely required to earn the credential based on statistics for recent graduates;

(7) Estimated tuition and fees required to earn the credential based on any on-campus housing costs for the number of academic years likely required to earn the credential if the student chooses on-campus housing, the number of credit hours required to earn the credential, and the course materials likely required to earn the credential; and

(8) Other relevant information, including a description of the limitations of the data posted, as deemed necessary by the coordinating board for higher education and the department of economic development.

3. The information described under subsection 2 of this section shall appear on the public website of the public institution of higher education alongside its credential offerings and, if the institution currently publishes a course catalog, be published in the course catalog alongside its credential offerings on or before October 1, 2019.

4. Each public institution of higher education shall ensure that its website and course catalog, if the institution currently publishes a course catalog, contains the information described under subsection 2 of this section, subject to the provisions of subsection 3 of this section.