Understanding Value in Texas Higher Education

Connecting What Students Study to What They Earn 

Texas has made a clear commitment to ensuring that postsecondary education leads to meaningful outcomes. Through its strategic plan, Building a Talent Strong Texas, the state is working toward a goal of producing 550,000 Credentials of Value annually by 2030.

A credential of value represents more than completion. It reflects whether a program leads to strong earnings outcomes, a positive return on investment (ROI), and short- and long-term opportunities. This page brings together the tools, data, and resources Texas uses to define, measure, and provide transparency on value across higher education. 

Explore Value in Texas: Key Resources 

Texas provides multiple ways to examine how education connects to earnings, workforce outcomes, and short- and long-term opportunities. The Texas Higher Education Coordinating Board (THECB) leads this effort by integrating education data with workforce wage records provided by the Texas Workforce Commission, creating a comprehensive and transparent view of value across the state. 

Credentials of Value 

Connecting Education to Earnings and Opportunity

A credential of value is a certificate or degree that leads to earnings outcomes that exceed both the cost of education and what a student would have earned with only a high school diploma.

The Framework

1

Total Student Investment

What it costs to earn a credential.

  • Tuition and Fees
  • Financial Aid
  • Opportunity Cost
    (earnings a student gives up while enrolled)
2

Base Comparison Wage

What a student would earn with only a high school diploma

  • Based on median earning of Texas high school graduates
  • Measured cumulatively over time
3

Post-Completion Earnings

What graduates actually earn after completing their credentials

  • Based on Texas Workforce Commission wage data
  • Measured annually for up to 10 years

Credential of Value

Achieved when cumulative post completion earnings exceed the total of the base comparison wage and the total student investment, and the graduate reaches a self-sufficient wage within the defined time period.

The Journey to Value: The Break-Even Point

Value is achieved when a graduate’s cumulative earnings surpass both the high school earnings baseline and their total investment in education.

Cumulative earnings graph showing high school, associate, and bachelor’s paths, with break‑even at 5 and 10 years respectively.

Credentials of Value ensure that Education pays off.

Students gain skills. Texas gains a stronger workforce. Communities thrive.

Download a printable version.

The COV framework evaluates whether students: 

  • Recover their total investment in education, including opportunity cost  
  • Reach a self-sufficient wage within a defined period  
  • Outearn the high school baseline over time  

A key component of the methodology is the break-even point, illustrated in the graphic below. This represents the point at which cumulative post-completion earnings exceed both the high school earnings baseline and the total investment in education. 

  • For associate degrees, the break-even point is evaluated at the 5-year mark after completion 
  • For bachelor’s degrees, the break-even point is evaluated at the 10-year mark after completion  

As shown in the visual, value is achieved when the earnings trajectory of graduates surpasses both the baseline and the total investment, demonstrating that the credential leads to sustained economic benefit. 

This approach ensures that value is measured based on real economic outcomes, not completion alone. 

Community College Finance

Texas redesigned its community college funding model in 2023 through House Bill 8 (88th Legislature) to focus on student outcomes rather than enrollment alone. The model ties state funding directly to results, including the completion of credentials of value, ensuring that institutions are incentivized to offer programs that lead to strong earnings and workforce outcomes. 

The funding formula rewards colleges for: 

  • Credentials of value aligned with workforce demand  
  • Student completion and progression  
  • Successful transfer outcomes  
  • Dual credit attainment  

By embedding value into the funding structure, Texas connects data to action. Institutions are supported and incentivized to align programs with workforce needs, improve student outcomes, and expand access to high-value pathways. 

This approach represents a shift from funding based on inputs to funding based on outcomes, reinforcing the state’s commitment to ensuring that education leads to meaningful economic opportunity. 

For additional data, forecasts, and program descriptions related to the funding model, users can refer to the THECB’s Funding webpage.

Data Bridge: Credentials of Value

Texas is raising the bar for its education goals. In addition to tracking how many Texans ​​attain postsecondary credentials, we’re looking at whether their credentials will truly pay off for them in the future. 

 This site provides a statewide view of which programs deliver economic value by comparing earnings to the cost of education and a high school baseline. Data Bridge allows users to explore outcomes across degree levels and fields of study, enabling them to identify programs that deliver strong returns for students and the state. 

My Texas Future: Career Explorer

My Texas Future provides a student-focused experience that connects careers to earnings, education, and workforce demand. The Career Explorer includes information on more than 1,000 careers across Texas and allows users to personalize their search. 

Users can: 

  • Search careers by title, career cluster, or location  
  • Explore opportunities within specific regions or counties  
  • View median wages and annual salaries  
  • Examine projected job growth and demand  
  • Filter results based on salary availability and other preferences  
  • Compare careers side by side  
  • Save searches and favorite careers by creating an account  

Each career profile provides detailed information, including: 

  • Median hourly wage and annual salary  
  • Projected growth and number of expected job openings  
  • Recommended education level  
  • Key knowledge areas and skills  

Examples include high-demand careers such as wind turbine service technicians and nurse practitioners, which show strong earnings potential, significant projected growth, and clear education pathways in Texas. 

This tool helps users understand how career choices connect to earnings and what level of education is needed to reach those outcomes. 

Postsecondary Employment Outcomes (PSEO) Explorer

The Postsecondary Employment Outcomes (PSEO) data provide a national view of earnings and employment outcomes for graduates. Developed by the U.S. Census Bureau, PSEO links postsecondary education records with a national database of jobs to produce reliable, privacy-protected insights. 

In Texas, this tool can be used to examine outcomes across all public two-year and four-year institutions, allowing users to explore earnings and employment results at scale while also comparing programs and institutions nationally. 

PSEO data allow users to examine outcomes by: 

  • Degree level  
  • Field of study  
  • Institution  
  • State  

These data are created through partnerships between universities, state education agencies, labor market information offices, and the U.S. Census Bureau. All data are processed using advanced confidentiality protections to ensure individual privacy. 

Users can explore: 

  • Earnings at multiple points after completion  
  • Employment outcomes and workforce participation  
  • Comparisons across institutions, programs, and states  

Public-use datasets are also available for download and include: 

  • Comprehensive national datasets covering all participating institutions  
  • State-level datasets focused on institutions within a specific state  

PSEO strengthens Texas’s approach by providing both statewide coverage and national comparability, allowing users to examine outcomes across all public institutions in Texas while benchmarking results against 

TX Crews Dashboard

The Texas CREWS Dashboard connects education to workforce outcomes by allowing users to compare earnings, employment, and student outcomes across programs and institutions. Developed in collaboration between the THECB and the Texas Workforce Commission, it provides a statewide view of how students perform after completing their credentials. 

Users can: 

  • Compare outcomes across all public two-year and four-year institutions in Texas  
  • Examine median wages, student loan debt, and employment outcomes  
  • Analyze differences by major, program, institution, and credential level  
  • Explore how outcomes vary across regions and fields of study  

By linking education data with workforce wage records, CREWS shows how programs translate into real-world outcomes. This helps users understand variation across Texas, identify stronger-performing programs, and better align education choices with workforce opportunities. 

THECB Accountability System

The THECB Accountability System provides publicly available data that allows users to examine outcomes across all public two-year and four-year institutions in Texas. These reports support transparency by connecting education to earnings and post-completion activity over time. 

Users can explore several topics: 

  • Student Loan Debt to Earnings  
    • Compare student loan debt to median first-year wages after completion  
    • Evaluate return on investment across programs and institutions  
  • Post-Completion Outcomes 
    • Number of students who are:  
      • Enrolled only.  
      • Working only. 
      • Both enrolled and working.
    • Outcomes are measured one year after receiving a credential.  
  • Historical Trends  
    • Access data for the past 10 years  
    • Examine changes in outcomes over time across institutions and programs  

These reports provide a consistent, longitudinal view of how students perform after completion, helping users assess outcomes, identify trends, and better understand the relationship between education, earnings, and continued enrollment.