The Higher Education Coordinating Board shall determine which high-demand credentials shall be eligible for loans under the Program, in consultation with the Texas Workforce Commission, Texas Workforce Investment Council, and the Governor's Office of Economic Development and Tourism or their delegates.(1) Eligible credentials shall be selected based on current and projected workforce demands and the ability of students to graduate from identified programs with manageable debt as defined by the Board's long-term strategic plan for Texas higher education.(2) Selected credentials must meet measures for credentials of value to students and employers as defined by the Board's long-term strategic plan for Texas higher education.(3) Eligible credentials shall be reassessed at least annually.