State of Student Aid in Texas - 2022 Section 13: Texas Higher Education and Student Debt Policy Progress on 60x30TX Goals Higher Education Highlights from the 87th Legislative Session Funding for TEXAS Grant, TEOG, and TEG Increase for the 2022-2023 Biennium Student Loan Debt in Texas Grows Faster Than the [...]

State of Student Aid in Texas - 2022 Section 12: Repayment and Default Default Rates Decrease for Texas and the Nation Texas Three-Year Cohort Default Rates Vary by Region Short-Term Programs Have Higher Three-Year Default Rates Nearly Half of Borrowers Who Did Not Graduate Had Defaulted [...]

State of Student Aid in Texas - 2021 Section 11: Consumer Debt << BACK TO MAIN PAGE Total U.S. Consumer Debt Reaches $14.3 Trillion, Student Loan Debt $1.5 Trillion Total U.S consumer debt – including mortgage, credit card, student loan, auto, and other debt – [...]

State of Student Aid in Texas - 2022 Section 10: Evidence-Based Programs and Interventions Interventions to Provide Support and Skills Training Improves Employment Outcomes for Students in Some Two-Year Programs Individualized Coaching is Effective for Increasing Attainment and Persistence Text Nudges Provide Needed “Summer Melt” Intervention at [...]

State of Student Aid in Texas - 2022 Section 9: Student Financial Wellness Recent Studies of Food Security Amongst College Students find Similar, High Levels of Food Insecurity Longitudinal Study of College Students Reveals Fluid Pattern of Food Security Less Than Half of Students Were Aware That Their [...]

State of Student Aid in Texas - 2022 Section 8: Texas College Attainment College Graduates Earn Far More Than High School Graduates and Experience Less Unemployment Better-Educated Workers Have Higher Lifetime Earnings One-Third of Texans Age 25 and Older Have a Bachelor’s Degree Bachelor’s Degree Attainment Varies [...]

State of Student Aid in Texas - 2021 Section 7: Need and Work << BACK TO MAIN PAGE Unmet Need for Low-Income Students in Texas Now Over $10,000 Unmet need is defined as a student’s cost of attendance* minus his or her expected family contribution (EFC)** [...]

State of Student Aid in Texas - 2022 Section 6: Loans Volume for the Largest State Loan Program, HHL-CAL, Increases HHL-CAL Loans Go Predominantly to Private Four-Year Schools HHL-CAL Volume Not Comparable to HBCU and HSI Enrollment Federal Loan Volume Concentrated in Rural Areas, More Widely Distributed in Urban Areas Four-Year [...]

State of Student Aid in Texas - 2022 Section 5: Grant Aid and Net Price in Texas The Federal Pell Grant is the Largest Source of Grant Aid in Texas Institutional Grants Have Highest Average Award Grant Recipients in Texas Are Racially/Ethnically Diverse The Federal Pell Grant [...]

State of Student Aid in Texas - 2022 Section 4: Cost of Education and Sources of Aid in Texas Texas Public Four-Year University Cost of Attendance Nearly Level with National Average Texas Public Two-Year Colleges Cost Catching up to National Average Costs at Texas Private Four-Year Universities [...]