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Access to Education Policy- Financial Education and Financial Products

In the 2016 CFED Assets & Opportunity Scorecard, Texas received a “D” in Education. In fact, Texas ranks in the bottom tier for high school degree attainment and Head Start coverage. The Expanding Access to Education campaign’s primary goal is to build support for policies and programs that facilitate broader access to post-secondary education and training, including college savings accounts, affordable student loans, workforce development, student support services, and enhanced financial aid resources and outreach. More broadly, this campaign will seek to identify initiatives to facilitate more high school and college degree completion.

Goals for this campaign are:

  • Our immediate short-term goal is to secure (private and public) funding for Children’s Savings Accounts (CSAs).
  • Our long-term goal is to reduce the leaky pipeline from 9th grade to post-secondary graduation.

Bills Introduced During the 85th Legislative Session:

SB 2182 Sen. Menendez
Relating to measures to increase participation in state programs relating to saving money or prepaying for college.
03/29/2017 Referred to Higher Education

HB 2331 Rep. Dukes
Relating to a pilot program to increase the financial independence of foster children who are transitioning to independent living.
05/12/2017 Reported favorably without amendment(s) in the Human Services Committee and sent to Local & Consent Calendar.

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