[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[S. 300 Introduced in Senate (IS)]







107th CONGRESS
  1st Session
                                 S. 300

To amend the Higher Education Act of 1965 to provide for an increase in 
   the amount of student loans that are eligible for forgiveness in 
        exchange for the service of the individual as a teacher.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            February 8, 2001

  Mr. Schumer introduced the following bill; which was read twice and 
  referred to the Committee on Health, Education, Labor, and Pensions

_______________________________________________________________________

                                 A BILL


 
To amend the Higher Education Act of 1965 to provide for an increase in 
   the amount of student loans that are eligible for forgiveness in 
        exchange for the service of the individual as a teacher.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Quality Teacher Recruitment Act of 
2001''.

SEC. 2. GUARANTEED LOANS.

    Section 428J of the Higher Education Act of 1965 (20 U.S.C. 1078-
10) is amended--
            (1) in subsection (b)(1), by striking subparagraph (A) and 
        inserting the following:
                    ``(A) in an elementary school or secondary 
                school;'';
            (2) in subsection (c)(1), by striking ``$5,000'' and 
        inserting ``$17,750''; and
            (3) by striking subsection (f).

SEC. 3. DIRECT LOANS.

    Section 460 of the Higher Education Act of 1965 (20 U.S.C. 1087j) 
is amended--
            (1) in subsection (b)(1)(A), by striking clause (i) and 
        inserting the following:
                            ``(i) in an elementary school or secondary 
                        school;'';
            (2) in subsection (c)(1), by striking ``$5,000'' and 
        inserting ``$17,750''; and
            (3) by striking subsection (f).
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