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  87R5276 KJE-D
 
  By: Oliverson H.B. No. 1132
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the information maintained by the Texas Education
  Agency regarding postsecondary education and career opportunities.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 7.040, Education Code, is amended by
  amending Subsection (a) and adding Subsection (a-1) to read as
  follows:
         (a)  The agency shall prepare information comparing
  institutions of higher education in this state and post the
  information on the agency's Internet website. Information prepared
  under this section shall be given to a public school student who
  requests the information. The information shall:
               (1)  identify postsecondary education and career
  opportunities, including information that states the benefits of
  four-year and two-year higher education programs, postsecondary
  technical education, skilled workforce careers, and career
  education programs;
               (2)  compare each institution of higher education with
  other institutions, both overall and disaggregated by
  baccalaureate or associate degree or certificate program,
  regarding:
                     (A)  the relative cost of tuition;
                     (B)  the retention rate of students;
                     (C)  the graduation rate of students;
                     (D)  the median [average] student debt, based on
  the most recent data released through the United States Department
  of Education's College Scorecard online tool or a successor tool;
                     (E)  the loan repayment rate of students; [and]
                     (F)  the employment rate of students; and
                     (G)  the median earnings of students, expressed as
  a yearly amount and as a percentage of student debt, at the first,
  fifth, and tenth year after graduation, based on the most recent
  data released through the United States Department of Education's
  College Scorecard online tool or a successor tool;
               (3)  identify the state's future workforce needs, as
  projected by the Texas Workforce Commission; and
               (4)  include annual wage information for the top 10
  highest demand jobs in this state, as identified by the Texas
  Workforce Commission.
         (a-1)  The information required under Subsections (a)(2)(D)
  and (G) must be updated each time new data described by those
  paragraphs is released through the United States Department of
  Education's College Scorecard online tool or a successor tool.
         SECTION 2.  (a) As soon as practicable after the effective
  date of this Act, the Texas Education Agency shall update the
  information required under Section 7.040(a), Education Code, as
  amended by this Act.
         (b)  As soon as practicable after the Texas Education Agency
  completes the update required by Subsection (a) of this section,
  the Texas Higher Education Coordinating Board shall update the
  comparative gainful employment data regarding public institutions
  of higher education required to be maintained by the board under
  Sections 51.762(b-1) and 51.763(b), Education Code, to include the
  information required under Section 7.040(a), Education Code, as
  amended by this Act.
         SECTION 3.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2021.