In 2006, TG (Texas Guaranteed Student Loan Corporation) issued a report entitled "Ready, Willing and Unable: How Financial Barriers Obstruct Bachelor Degree Attainment in Texas." Drawing on a report by the Advisory Committee on Student Financial Assistance, which projected the number of bachelor degrees lost nationally due to financial barriers, "Ready,Willing and Unable" applied a similar methodology to the Texas population. The resulting projection was 47,000 lost bachelor degrees in Texas due to financial barriers. These estimates were based on college going and completion rates, as reported by the National Center for Education Statistics, in a 2002 longitudinal study. Follow-up surveys indicate that low- and moderate-income, academically qualified students are choosing four-year schools over two-year schools at a much lower rate than before (40 percent versus 54 percent). Because students who start at a two-year school are less likely to earn a four-year degree than those who begin their college careers at a four-year school, the projection for lost bachelor degrees has risen from 47,000 up to 52,800. Among the major findings were that an estimated 52,800 bachelor's degrees may be lost annually in Texas due to financial barriers. This represents the number of college-qualified, low-, moderate-, and middle-income students among 2004 Texas high school graduates who could earn a bachelor's degree by 2012 if they are able to earn degrees at the same rates as their equally qualified higher-income classmates. The lack of affordability is felt among a broad spectrum of families. Thirty-four percent of the estimated 52,800 lost degrees are likely to occur among students whose parents earn between $35,000 and $74,999. Eight percent of the degrees projected to be lost due to financial barriers will come from students whose families make between $75,000 and $99,999. Of the students who took college preparatory classes, only 27 percent of students with incomes under $35,000 are projected to earn a bachelor's degree, while 72 percent of students with incomes over $100,000 are expected to graduate with their bachelor's degree by 2012. Tabular data is displayed showing: (1) Total Student Financial Aid in Texas Academic Year 2006-2007; (2) Estimated Texas 2003-04 High School Graduates by Family Income and By College Preparedness, Bachelor's Degree Attainment, and Estimated Loss Degrees; and (3) Texas 2006-07 High School Graduates by Diploma Type, Family Economic Status, Enrollment Status, and Ethnicity in Texas Higher Education in Fall 2007. (Contains 3 notes.)