It’s no secret that higher education is expensive. Although Texans owe less per borrower than their peers nationwide, $33,770 is the average student loan debt in Texas, according to the Education Data Initiative.
The Building a Talent Strong Texas plan aspires to address this by ensuring 95% of graduates complete college without undergraduate debt or manageable debt relative to their potential earnings. The state surpassed that goal in 2023.
Gov. Greg Abbott signed a law in 2023 that froze undergraduate tuition and fees for the 2023-24 and 2024-25 academic years. He later announced an extension of the tuition freeze in 2024, which lasts through the 2026-27 academic year.