88R1601 KJE-F By: Troxclair H.B. No. 4109 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(a), Education Code, is amended 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, both in total and less the average amount of student financial assistance; (B) the number of students enrolled full-time; (C) the retention rate of students; (D) [(C)] the graduation rate of students; (E) the graduation, withdrawal, transfer, and current enrollment rates of students during the eight-year period after initial enrollment; (F) [(D)] the average student debt, including: (i) the percentage of students who receive federal student loans; and (ii) the average monthly amount of student loan payments, disaggregated by graduates and nongraduates; (G) [(E)] the loan repayment rate of students; [and] (H) [(F)] the employment rate of students; and (I) the average earnings of students: (i) after graduation, both overall and for the five baccalaureate or associate degree or certificate programs with the highest student enrollment; and (ii) after withdrawal; (3) identify the state's future workforce needs, as projected by the Texas Workforce Commission; [and] (4) identify: (A) the top 50 baccalaureate degree programs with the highest average earnings after graduation; and (B) the top 20 associate degree or certificate programs with the highest average earnings after graduation; (5) include annual starting wage and educational requirements information for the top 25 [10] highest demand jobs in this state, as identified by the Texas Workforce Commission; and (6) include the following information regarding enlistment in the armed forces of the United States, disaggregated by military branch: (A) the starting pay, signing bonus, and other benefits; and (B) the minimum passing score on the Armed Services Vocational Aptitude Battery required for enlistment. 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, 2023.