Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 319 modifies the Texas Education Code to set risk-based interest rates on student loans issued by the Texas Higher Education Coordinating Board. The bill directs the board to consider factors such as program demand, projected salaries, and employment rates for specific degrees when determining an applicant’s interest rate. Additionally, it allows the postponement of interest while a student remains enrolled and permits loan origination fees to cover operating expenses.
Author (1)
Contact the Author
Rep. Ryan Guillen
Capitol Phone:
(512) 463-0416
Capitol Office:
CAP 3N.6
E-Mail:
