12 2 STA T .3496PUBLIC LA W 11 0– 31 5— AU G .14 , 200 8andgr ad u a ti ng f r omc o l l e ge s and uni v ersities in accordance w it h the following
- (A)T
he data com p rising the stud y shall focus primarily on African American ,H ispanic American, N ative American, Native Hawaiian, and Alas k a Native males and shall uti - li z ee x isting data sources . ( B ) The study shall focus on high school completion and preparation for college, success on the S ATandA C T, and minority male access to college, including the financing of college, and college persistence and graduation. (C) The implementation of the study shall b e in four stages based on the recommendations of the Commissioner for E ducation Statistics. ( 2 ) M ake specific recommendations to the authorizing committees and States on new approaches to increase — (A) the number of minority males successfully pre- paring themselves for college study
(B) the number of minority males graduating from high school and entering college; and (C) the number of minority males graduating from college and entering careers in which they are underrep- resented. (b) S UBMIS SI ON O FTHER E P O R T.—Not later than four years after the date of enactment of this Act, the Secretary of Education shall submit a report on the study re q uired by subsection (a)( 1 ), together with the recommendations required by subsection (a)(2), to the authorizing committees. SEC.1 11 0 .S TUDYONBIA S IN STANDA R DI Z ED TESTS. (a) STU DY .—The Secretary of Education shall enter into an agreement with the Board on Testing and Assessment of the National Academy of Sciences for the conduct of a study to identify any race, ethnicity, or gender bias in the content and construction of standardized tests that are used for admission to institutions of higher education. (b) REPORT.—Not later than two years after the date of enact- ment of this Act, the Secretary of Education shall issue an interim report to the authorizing committees related to the progress of the study under subsection (a). SEC. 1111. ENDO WM ENT RE P ORT. (a) AN AL YSIS OF ENDO W MENTS.—The Comptroller G eneral of the U nited States shall conduct a study on the amounts, uses, and public purposes of the endowments of institutions of higher education. The study shall include information (disaggregated by types of institutions) describing— (1) the average and range of— (A) the outstanding balance of such endowments; and (B) the growth of such endowments over the last 2 0 years; (2) the amount and percentage of endowment assets distrib- uted on an annual basis for spending on education; ( 3 ) the amount and percentage of endowment assets distrib- uted on an annual basis for financial aid or for the purpose of reducing the costs of tuition, fees, textbooks, and room and board; and ( 4 ) the extent to which the funds in such endowments are restricted, and the restrictions placed upon such funds. Study.Dea d lin e. Co nt r a c t s . R eco m menda - tions.
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