Tuition prices have skyrocketed, increasing faster than both inflation and healthcare costs and, for the first time in history, total student loan debt is higher than credit card debt, reaching 1.3 trillion dollars as of late 2016. A public opinion survey commissioned by the Texas Public Policy Foundation was conducted in late 2010 by Baselice & Associates found that Texans strongly believe that the state’s public colleges and universities can reduce their operating costs while improving teaching
Supermajority Solutions for Texas Taxpayers
Texas bond elections often pass with low voter turnout and simple majorities, driving up local debt as a result. Raising voter approval thresholds could protect taxpayers and ensure a stronger consensus for public spending. Key points: Even though tax relief has been funded at the state level, increased debt at the local level has led...