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.