In recent years, surveys have suggested that young Americans are increasingly skeptical about the value of a college education. Perceptions that a college education doesn’t offer the gateway that it once did raise an important question for lawmakers and educators: Are these changing attitudes translating into fewer students enrolling in college or completing degrees?

Texas tends to report higher employment and output when oil prices sharply increase. But uncertainty regarding the duration of elevated prices could mute such impacts from the price shock following the closure of the Strait of Hormuz.