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Politiparty

118th Congress Education

H.R. 1757: Loan Forgiveness for Educators Act

Introduced

  1. Introduced (completed)Mar 23, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Mar 23, 2023

This bill expands loan forgiveness for educators by revising the Teacher Loan Forgiveness Program. The program provides loan forgiveness (up to $17,500) for teachers who are highly qualified, teach full-time in a low-income elementary or secondary school or educational service agency, and complete five years of consecutive service.

Specifically, the bill renames the program as the Educator Loan Forgiveness Programs.

Additionally, the bill expands the program by making additional loan types eligible for benefits under the program (e.g., parent PLUS loans).

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Further, the bill expands program eligibility to early childhood educators and program directors serving in early childhood education programs and school leaders serving in public high-need schools.

The bill requires the Department of Education to

  • make monthly student loan payments on behalf of the educator during qualifying service (i.e., employment as a full-time qualifying educator in a high-need school or an early childhood education program),
  • provide complete loan forgiveness after five years of qualifying service, and
  • take steps to notify borrowers about changes to the program.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

37

Who scored on this bill

6 points earned
  1. 1Teresa Leger Fernandez D-NM SponsorIntroduced, reached a cosponsor milestone2 events+6
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Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Teresa Leger Fernandez

History

  1. Mar 23, 2023Introduced in the House by Teresa Leger Fernandez.
Show the full action history (2 actions)
  1. Mar 23, 2023Introduced in House
  2. Mar 23, 2023Referred to the House Committee on Education and the Workforce.