Teacher Loan Forgiveness Improvement Act of 2020
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 12, 2020)
Teacher Loan Forgiveness Improvement Act of 2020
This bill modifies the Teacher Loan Forgiveness program by increasing the amount of loan forgiveness available for certain qualified teachers who have federal student loans. The program provides loan forgiveness for teachers who are highly qualified, teach full-time in a low-income school or educational service agency, and complete five years of consecutive service.
Specifically, the bill increases from $5,000 to $15,000 the amount of available loan forgiveness for an elementary or secondary school teacher in any subject.
It also increases from $17,500 to $30,000 the amount of available loan forgiveness for a secondary school math or science teacher and for a special education teacher.
What just happenedMay 12, 2020
Referred to the House Committee on Education and Labor.
Who’s behind it
- Introduced in HouseMay 12, 2020
- May 12, 2020IntroReferralH11100
Referred to the House Committee on Education and Labor.
Education and the Workforce Committee - May 12, 2020IntroReferralIntro-H
Introduced in House
- May 12, 2020IntroReferral1000
Introduced in House