The Texas Senate has approved a bill meant to get more students into college and have them graduate on time.
The bill says college students who take a full class load would be eligible for a zero-interest loan. And if they graduate on time (such as finishing in four years, in a four-year degree program) with a "B" average, that loan would be forgiven.
The idea is part of a plan that Lt. Governor David Dewhurst pushed during his campaign. Sponsor Senator Judith Zaffirini of Laredo says the bill is intended to ensure access to and make college more affordable for students.
The Higher Education Coordinating Board would administer and determine the repayment and other terms of the loans.
The college tuition bill is SB4 and now goes to the Texas House.