Expanding college financial aid will help Texas meet workforce needs, new higher ed chief says

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Expanding college financial aid will help Texas meet workforce needs, new higher ed chief says
EconomyHigher EducationHigher Education Coordinating Board
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In his new role, Rosser will be responsible for helping Texas meet its goal to increase the number of Texans ages 25 to 34 with a postsecondary credential to 60%by 2030.

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As higher ed commissioner, Rosser will serve as the chief executive officer of the Coordinating Board, the state agency with a $2.9 billion budget that oversees Texas’ financial aid programs and helps enact the state’s strategic vision for public higher education. “How lucky am I that dad managed to get into and succeed? Mom and Dad made wise decisions,” said Rosser, his voice choking up and trying to find balance. “That’s why I get to sit with you guys talking about the seventh largest economy and setting more students up for success.”

The board is requesting $340 million from the Legislature to expand financial aid for students. The appropriations request would allow the board to guarantee low-income students in the top 25% of their high school graduating class financial aid through the Texas Education Opportunity grant and the Toward EXcellence, Access and Success, or TEXAS, grant, said David Troutman, the deputy commissioner for academic affairs, at a quarterly board meeting in October.

In rural East Texas, students often hear they “have to leave to succeed.” But there are thousands of high-demand, well-paying jobs in the area, Rosser said. He’s currently the president and CEO of the T.L.L. Temple Foundation, which analyzed jobs in the region. Those jobs don’t require a bachelor’s degree but do require a credential beyond high school.More rural students have been enrolling in dual credit, where they can take a college class while they are enrolled in high school.

“Life's more challenging when you are working, when you have dependents that you're supporting,” Rosser said. “How do you balance all of those things with trying to go to class? So that makes the more flexible credential options perhaps more attractive.”The incoming commissioner is also considering how Texas can help “emerging” research universities expand their research capabilities.

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