Institutional Effectiveness

60x30 TX

60x30TX Strategic Goals
The job market in the United States has changed since the recession. Many jobs that disappeared during the recession are not coming back. Especially for workers with a high school diploma or less. Higher education is more important than ever. That is why Texas adopted the 60x30TX plan.

The 60x30TX higher education plan for Texas began in 2015 with four goals to be achieved by 2030:

  1. 60x30 Educated Population: At least 60 percent of Texans ages 25-34 will have a certificate or degree.
  2. Completion: At least 550,000 students in 2030 will complete a certificate or an associate, bachelor’s, or master’s degree from an institution of higher education in Texas.
  3. Marketable Skills: All graduates from Texas public institutions of higher education will have completed programs with identified marketable skills.
  4. Student Debt: Undergraduate student loan debt will not exceed 60 percent of first-year wages for graduates of Texas public institutions.

Each year, the THECB provides an update on how the state is progressing toward the goals and targets of the plan. Include table 1a. Progress toward goals and targets of 60x30TX

Source: 60x30 TX - www.60x30TX.com

State of Texas - Progress toward goals and targets of 60x30TX

Goal Target 2015* 2016* 2017* 2018* Improvement in Most Recent Year (2017-18) Average Annual Improvement Rate (2015-18) Annual Improvement Needed** 2030 Goal/Target
60x30 60x30 (Educated Population) 40.3% 41.0% 42.3% 43.5% 1.2 pct pt 1.1 pct pt 1.3 pct pt 60%
Completion Overall 311,340 321,410 333,920 341,307 2.2% 3.1% 3.9% 550,000
Hispanic 96,657 103,889 111,344 115,735 3.9% 6.2% 7.5% 285,000
African American 38,964 38,813 41,027 41,594 1.4% 2.2% 4.5% 76,000
Male 131,037 135,849 141,564 143,981 1.7% 3.2% 5.2% 275,000
Economically Disadvantaged 114,176 119,490 124,178 124,471 0.2% 2.9% 5.3% 246,000
TX High School Grads Enrolling in TX Higher Education 52.7% 51.9% 52.3% 51.6% -0.7 pct pt -0.4 pct pt 0.7 pct pt 65%
Marketable Skills Institutions Implementing Marketable Skills Plans n/a n/a n/a 41% -- -- -- 80%
Working or Enrolled Within One Year** 78.9% 78.8% 78.8% 78.5% -0.3 pct pt -0.1 pct pt -- 80%
Student Debt Student Loan Debt to First Year Wage Percentage*** 60% 60% 59% 59% -0.1 pct pt -0.3 pct pt -- 60%
Percent of Undergraduates Completing with Debt*** 49.2% 48.2% 47.2% 45.8% -1.4 pct pt -1.1 pct pt -- 50%
Excess SCH Attempted*** 19 19 18 16 -2.0 -1.0 -1.1 3

* Or most recent year of data available in that year
** Annual improvement needed from when the plan was written, 2014 to 2030.
Source: Data from THECB, Texas Workforce Commission, and American Communities Survey