HR 438 - Student Loan Forgiveness for Teachers - National Key Vote

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Title: Student Loan Forgiveness for Teachers

Vote Smart's Synopsis:

Vote to pass a bill that would raise the loan forgiveness amounts from $5,000 to $17,500 for elementary and secondary math, science, reading, and special education teachers in low-income schools.

Highlights:

  • Teachers of other subjects would still receive the $5,000 loan forgiveness, assuming they continued to meet all the standards.
  • Teachers must be highly qualified and agree to teach for five consecutive years at a school with more than 40 percent of the students coming from families below the poverty line.

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