FINDINGS.

SEC. 102. FINDINGS. The Congress finds that— (1) education is fundamental to the development of individual citizens and the progress of the Nation as a whole; (2) there is increasing concern among citizens, educators, and public officials regarding the academic performance of students at institutions of higher education; (3) a recent study by the National Institute of Independent Colleges and Universities found that just 43 percent of students attending 4-year public colleges and universities and 54 percent of students entering private institutions graduated within 6 years of enrolling; (4) the academic performance of student athletes, especially student athletes receiving football and basketball scholarships, has been a source of great concern in recent years; (5) more than 10,000 athletic scholarships are provided annually by institutions of higher education; (6) prospective students and prospective student athletes should be aware of the educational commitments of an institution of higher education; and (7) knowledge of graduation rates would help prospective students and prospective student athletes make an informed judgment about the educational benefits available at a given institution of higher education.