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S 3827 117th Congress Senate Education

Teacher Loan Forgiveness Improvement Act of 2022

Introduced: March 14, 2022 Introduced by: Whitehouse, Sheldon Democratic · Rhode Island See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 14, 2022
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Mar 14, 2022
Introduced in Senate
 Plain-English summary Congressional Research Service

Teacher Loan Forgiveness Improvement Act of 2022

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's happening now March 14, 2022

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 Committees of jurisdiction 1