HLS 19RS-2508 ENGROSSED 2019 Regular Session HOUSE CONCURRENT RESOL UTION NO. 96 BY REPRESENTATIVE FALCONER HIGHER ED/BD REGENTS: Requests that the Board of Regents study and make recommendations relative to student debt relief measures 1 A CONCURRENT RESOL UTION 2To urge and request the Board of Regents, in collaboration with the public postsecondary 3 education management boards, to conduct a study of student debt relief measures, 4 nationally and statewide, and to submit a written report of findings and conclusions, 5 including recommendations for legislation relative to debt as a barrier to 6 reenrollment for those who have completed some postsecondary education, to the 7 House Committee on Education and the Senate Committee on Education not later 8 than thirty days prior to the beginning of the 2020 Regular Session of the 9 Legislature. 10 WHEREAS, forty-seven percent of working-age Louisianians, more than one million 11persons, hold a high school diploma or less as their highest level of education, meaning 12nearly half of the state's working-age population is at risk of not meeting the demands of the 13twenty-first century workforce; this often results in Louisianians being unemployed or 14underemployed and in need of new educational opportunities to advance and thrive; and 15 WHEREAS, the Board of Regents has set a goal of doubling the number of adults 16in Louisiana with a meaningful, market-ready postsecondary education credential by the year 172030; doubling the number of annual credential recipients represents reaching an educational 18attainment level of sixty percent and will require Louisiana to move from producing 19approximately forty thousand credentials in 2019 to eighty-five thousand in 2030; and 20 WHEREAS, this goal will demand that the Louisiana postsecondary education 21community and its partners implement new strategies to reach and successfully reengage all 22potential student populations, with an emphasis on working-age adults; and Page 1 of 4 HLS 19RS-2508 ENGROSSED HCR NO. 96 1 WHEREAS, student debt is a major barrier to adult student reenrollment and degree 2completion; many students struggle to afford the growing cost of postsecondary education 3and are unable to complete their education because of financial challenges; and 4 WHEREAS, an outstanding balance may lead to registration and transcript holds, 5which can discourage students from remaining on the pathway to degree completion while 6also preventing some students from reenrolling or transferring to another institution to 7complete a degree; and 8 WHEREAS, a decade of disinvestment has radically reduced state support for 9Louisiana's colleges and universities and shifted the funding burden to students and their 10parents; as a result, postsecondary education institutions are more reliant on self-generated 11revenue, including student tuition and fees, to operate; therefore, a reasonable approach to 12minimizing student debt and addressing debt relief for adult students must be considered. 13 THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby 14urge and request the Board of Regents, in collaboration with the public postsecondary 15education management boards, to conduct a study of student debt relief measures, nationally 16and statewide, and to submit a written report of findings and conclusions, including 17recommendations for legislation relative to debt as a barrier to reenrollment for those who 18have completed some postsecondary education, to the House Committee on Education and 19the Senate Committee on Education not later than thirty days prior to the beginning of the 202020 Regular Session of the Legislature. 21 BE IT FURTHER RESOLVED that such report shall include findings and 22recommendations relative to establishing a student tuition relief and engagement program 23that shall provide for the following: 24 (1) Identification and examination of successful programs nationally and within the 25state, including pertinent background material, data, an inventory of existing programs, and 26recognized best practices that may serve as models for a statewide program in Louisiana, 27including: 28 (a) An analysis of the cost of attendance by institution, state support per student, 29financial aid from nonstate sources, and population-based metrics to better understand 30affordability and student cost options. Page 2 of 4 HLS 19RS-2508 ENGROSSED HCR NO. 96 1 (b) A recommendation for policy steps to improve public postsecondary education 2affordability in Louisiana and maximize federal and state financial aid to both traditional and 3nontraditional student populations, including: 4 (i) The development of a method of informing students of their estimated current 5student loan indebtedness for the purposes of planning prior to students incurring additional 6debt for each upcoming academic term. 7 (ii) The development of a method of informing students of the average wages 8earnable in careers that align with their selected programs or majors and the estimated 9numbers of regional and statewide job openings and placement rates for such careers. 10 (iii) The development of a proposal related to debt mitigation, debt relief, or 11payment deferrals using the expertise of the office of debt recovery within the Department 12of Revenue, the office of the attorney general, and the public postsecondary education 13management boards and institutions to develop and implement a student tuition relief 14program in Louisiana. 15 (iv) An estimate of costs associated with the implementation of such a program and 16identification of potential funding sources to sustain the program. 17 (2) A plan and timeline for implementation of the recommendations. 18 BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the 19chairman of the Board of Regents, the commissioner of higher education, and the chairman 20of each public postsecondary education management board. DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] HCR 96 Engrossed 2019 Regular Session Falconer Requests the Bd. of Regents study and report on student debt relief measures to the legislative education committees not later than 30 days prior to the 2020 R.S. Summary of Amendments Adopted by House The Committee Amendments Proposed by House Committee on Education to the original resolution: 1. Specify report shall be submitted to the House Committee on Education and the Senate Committee on Education. Page 3 of 4 HLS 19RS-2508 ENGROSSED HCR NO. 96 2. Add requirement that the findings and recommendations include the development of a method to inform students regarding salary and job openings. Page 4 of 4