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.