Relating to the review, funding, and continuation of degree and certificate programs at public institutions of higher education based on certain performance standards.

SB 757 requires Texas public colleges and universities to evaluate degree and certificate programs using student debt relative to earnings after graduation. It establishes performance ratings based on debt-to-earnings ratios: "reward" (≤75%), "monitor" (76-100%), "sanction" (101-125%), and "sunset" (>125%) for programs at different education levels (undergrad, master's, doctoral). Programs rated "sanction" or "sunset" must be identified in funding requests, though institutions - not the board - decide whether to consolidate or eliminate them. The bill aims to align program funding with graduate outcomes, directly affecting public higher education institutions' program offerings.