This episode of Intersect Ed was taped on the morning of Friday, November 14, 2025, just a few blocks from the Capitol, during the 2025 Texas Tribune Festival. Our panelists discussed the “Legacy Education Fund,” a new, proposed idea about a public education endowment that could move Texas beyond two-year budget cycles and establish a lasting investment in our public schools.Host Morgan Smith was joined by David DeMatthews, a professor in the Department of Educational Leadership and Policy at The University of Texas at Austin, Mark Estrada, the Superintendent of Lockhart ISD, and Libby Cohen, the Executive Director of Raise Your Hand Texas.