Amends the Board of Higher Education Act. Provides that, by January 15, 2027 and January 15 of each subsequent school year, the Board of Higher Education, in collaboration with the Illinois Community College Board and the Illinois Student Assistance Commission, shall prepare and release a State Data Dashboard Report and Data Dashboard Report for each public institution of higher education and each private college and university in the State. Lists the data required to be collected by the report. Requires the Board to publish the report on a publicly available website. Allows the Board to adopt rules to administer the provisions.