Texas Prepaid Higher Education Tuition Program Annual Report, 2011 Page: 93
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Pages from the Texas Guaranteed Tuition Plan - Actuary's Report on Program Soundness - August 31, 2011 (continued)
Present Value of Assets and Liabilities
8/31 of Present Value of Future
Year Benefit and Expenses2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033Value of Assets and
Present Value of Future
Collections
1,414,219,119
1,257,279,039
1,082,510,981
886,433,996
691,391,627
490,201,310
284,914,088
71,817,002
(151,708,543)
(347,145,905)
(529,645,236)
(702,104,391)
(834,922,062)
(930,495,881)
(992,645,722)
(1,026,413,382)
(1,046,171,069)
(1,064,313,436)
(1,082,539,376)
(1,100,967,975)
(1,119,703,204)
(1,138,756,632)
(1,158,133,674)Deficit of Assets to
Liabilities
(641,443,112)
(681,048,959)
(719,866,350)
(758,305,410)
(796,978,985)
(835,762,089)
(871,619,537)
(905,052,781)
(930,479,723)
(942,344,830)
(954,715,319)
(967,543,722)
(981,475,985)
(996,467,295)
(1,012,442,971)
(1,029,302,979)
(1,046,753,161)
(1,064,540,608)
(1,082,635,120)
(1,101,039,469)
(1,119,756,829)
(1,138,792,388)
(1,158,151,558)15
2011 ANNUAL REPORT -Texas Prepaid Higher Education Tuition Program
2,055,610,200
1,938,327,998
1,802,377,331
1,644,739,405
1,488,370,613
1,325,963,399
1,156,533,625
976,869,784
778,771,180
595,198,925
425,070,082
265,439,331
146,553,922
65,971,414
19,797,249
2,889,596
582,092
227,172
95,745
71,494
53,625
35,756
17,88393
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Texas Prepaid Higher Education Tuition Program. Texas Prepaid Higher Education Tuition Program Annual Report, 2011, report, July 2012; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth303621/m1/99/?q=%222010-09-01%2F2011-08-31%22: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting UNT Libraries Government Documents Department.