The bill, S.B. No. 757, aims to enhance the review, funding, and continuation of degree and certificate programs at public institutions of higher education in Texas based on specific performance standards. It amends existing provisions in the Education Code, mandating that the board shall review the number of degrees or certificates awarded every five years, rather than at the board's discretion. Additionally, it establishes a new section that introduces performance standards for these programs, which will be evaluated based on the median student loan debt as a percentage of median annual earnings for graduates at various intervals post-graduation. Programs will receive performance ratings of "reward," "monitor," "sanction," or "sunset," which will influence their funding and operational status.

Furthermore, the bill stipulates that programs rated as "sanction" or "sunset" cannot utilize certain appropriated funds for the first state fiscal biennium following their rating. Institutions receiving a "sunset" rating must cease enrollment of new students and allow current students to complete their programs while informing them of the implications of the rating. The bill also includes provisions for exceptions if the program is essential for fulfilling core curriculum requirements. The changes are set to take effect on September 1, 2025.

Statutes affected:
Introduced: Education Code 61.0512, Education Code 61.054 (Education Code 61)