TX HB319

Requires the Texas Higher Education Coordinating Board to set student loan interest rates based on the borrower's repayment risk, rather than a uniform rate for all borrowers

Mandates that interest rates be determined using three factors: whether the degree/certificate leads to a high-demand occupation in the institution's region, projected salary for that occupation, and the percentage of program graduates who obtain employment in their field

Maintains the requirement that average interest rates across all student loans must be sufficient to cover bond interest, issuance expenses, and program operating costs

Adds an exception allowing the board to apply stricter repayment ability standards for certain applicants based on the new risk-based interest rate provisions

Applies to student loans issued beginning with the 2026 spring semester, with an effective date of September 1, 2025