HB 1403 provides a return on investment
With an average investment of $8,600 per year to educate students in public schools, not allowing students educated in Texas to complete a higher education would reduce their ability to be more productive, earn more and pay more taxes.
The Center for Public Policy Priorities (CPPP) noted that in 2010, students enrolled under the Texas DREAM Act paid $32.7 million in total tuition and fees. Further, HB 1403 helps the economy of the entire state. The CPPP also reported that:
“A Texas worker who completes some college can increase their earnings potential by 96 percent. And those with a four-year degree or higher can increase their earning potential by as much as 139 percent. This is a difference between earning a median hourly wage of $9.99 for a Texan who does not complete high school, compared to $14.46 an hour for those who complete some college, and $23.90 for those who obtain a four-year degree or higher.”