The 60x30TX plan was launched in 2015 by the Texas Higher Education Coordinating Board (THECB) to ensure that Texas will have a globally competitive workforce
The costs of college have been skyrocketing and have doubled over the past 15 years. College students now regularly face choices between taking on greater amounts of debt, working longer hours in part-time jobs, or going without food, books or housing to cover their growing college costs and living expenses to complete their education.
While the costs of college go well beyond tuition, a study of effective methods of tuition regulation would be a great step in the direction of exploring an avenue that could address this critical issue.
Postsecondary education is critical for driving prosperity for Texas families. Increasingly, well-paid jobs available in Texas require more than a high school diploma. For more Texans to become qualified members of the workforce and sustainable earners for their families, more students of all backgrounds need access to a post-secondary education. The state has an important role to play to ensure college affordability, and it’s critical that we invest in higher education access now to ensure prosperity for all Texans in the future.
While the state has been investing less and less in Texas colleges and universities, the average annual tuition for a Texas university student doubled from 2000 to 2015. After a decade of declining state support for public universities, students and their families began paying more in tuition and fees ($6,667) than the state provided in funding ($6,276 per student).
The Legislature is shifting the burden of postsecondary education costs from the state to Texas families. With less state investment and unchecked tuition increases, students are forced to take on more debt and work longer hours, which can interfere with classroom performance. Additionally, many students struggle with rising costs for food, transportation, and room and board, and some are priced out of postsecondary education altogether.
For more information, check out our Degrees of Debt reports.
Equitable education is the vehicle for social and economic mobility. When all Texans have access to quality education, it can lead to better life outcomes
The Texas House of Representatives recently released its interim committee charges for the 87th Legislature. During the interim, the period between regular sessions, legislative committees
The Federal Reserve Bank of Dallas recently released “Skipping School,” the second in its three-part series looking at the effects of the COVID-19 pandemic on