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A BILL TO BE ENTITLED
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AN ACT
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relating to the information maintained by the Texas Education |
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Agency regarding postsecondary education and career opportunities. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 7.040(a), Education Code, is amended to |
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read as follows: |
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(a) The agency shall prepare information comparing |
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institutions of higher education in this state and post the |
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information on the agency's Internet website. Information prepared |
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under this section shall be given to a public school student who |
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requests the information. The information shall: |
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(1) identify postsecondary education and career |
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opportunities, including information that states the benefits of |
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four-year and two-year higher education programs, postsecondary |
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technical education, skilled workforce careers, and career |
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education programs; |
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(2) compare each institution of higher education with |
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other institutions, both overall and disaggregated by |
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baccalaureate or associate degree or certificate program, |
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regarding: |
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(A) the relative cost of tuition, both in total |
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and less the average amount of student financial assistance; |
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(B) the number of students enrolled full-time; |
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(C) the retention rate of students; |
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(D) [(C)] the graduation rate of students; |
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(E) the graduation, withdrawal, transfer, and |
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current enrollment rates of students during the eight-year period |
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after initial enrollment; |
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(F) [(D)] the average student debt, including: |
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(i) the percentage of students who receive |
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federal student loans; and |
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(ii) the average monthly amount of student |
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loan payments, disaggregated by graduates and nongraduates; |
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(G) [(E)] the loan repayment rate of students; |
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[and] |
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(H) [(F)] the employment rate of students; and |
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(I) the average earnings of students: |
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(i) after graduation, both overall and for |
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the five baccalaureate or associate degree or certificate programs |
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with the highest student enrollment; and |
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(ii) after withdrawal; |
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(3) identify the state's future workforce needs, as |
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projected by the Texas Workforce Commission; [and] |
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(4) identify: |
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(A) the top 50 baccalaureate degree programs with |
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the highest average earnings after graduation; and |
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(B) the top 20 associate degree or certificate |
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programs with the highest average earnings after graduation; |
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(5) include annual starting wage and educational |
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requirements information for the top 25 [10] highest demand jobs in |
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this state, as identified by the Texas Workforce Commission; and |
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(6) include the following information regarding |
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enlistment in the armed forces of the United States, disaggregated |
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by military branch: |
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(A) the starting pay, signing bonus, and other |
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benefits; and |
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(B) the minimum passing score on the Armed |
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Services Vocational Aptitude Battery required for enlistment. |
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SECTION 2. (a) As soon as practicable after the effective |
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date of this Act, the Texas Education Agency shall update the |
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information required under Section 7.040(a), Education Code, as |
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amended by this Act. |
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(b) As soon as practicable after the Texas Education Agency |
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completes the update required by Subsection (a) of this section, |
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the Texas Higher Education Coordinating Board shall update the |
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comparative gainful employment data regarding public institutions |
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of higher education required to be maintained by the board under |
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Sections 51.762(b-1) and 51.763(b), Education Code, to include the |
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information required under Section 7.040(a), Education Code, as |
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amended by this Act. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2023. |