[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 13 Introduced in House (IH)]
111th CONGRESS
1st Session
H. R. 13
To amend the Higher Education Act of 1965 to expand teacher loan
forgiveness.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
January 6, 2009
Mr. Baca introduced the following bill; which was referred to the
Committee on Education and Labor
_______________________________________________________________________
A BILL
To amend the Higher Education Act of 1965 to expand teacher loan
forgiveness.
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 ``Teacher Education Assistance
Creating Hope for Our Future Act of 2009'', or the ``TEACH for Our
Future Act of 2009''.
SEC. 2. FFEL PROGRAM LOAN FORGIVENESS FOR TEACHERS.
Section 428J of the Higher Education Act of 1965 (20 U.S.C. 1078-
10) is amended--
(1) by amending subsection (b) to read as follows:
``(b) Program Authorized.--The Secretary shall carry out a program,
through the holder of the loan, of assuming the obligation to repay a
qualified loan amount for a loan made under section 428 or 428H, in
accordance with subsection (c), for any borrower--
``(1) who--
``(A) has been employed as a full-time elementary
school or secondary school teacher for 5 consecutive
complete school years at any public school; or
``(B) is a new borrower on or after October 1,
1998, and who has been employed as a full-time private
school teacher for 5 consecutive complete school
years--
``(i) in a school that qualifies under
section 465(a)(2)(A) for loan cancellation for
Perkins loan recipients who teach in such
schools; and
``(ii) if employed as an elementary school
or secondary school teacher, is highly
qualified as defined in section 9101 of the
Elementary Secondary Education Act of 1965, or
meets the requirements of subsection (g)(3);
and
``(2) who is not in default on a loan for which the
borrower seeks forgiveness.'';
(2) in subsection (c)--
(A) by amending paragraph (1) to read as follows:
``(1) In general.--Of the loan obligation on a loan made
under section 428 or 428H that is outstanding after the
completion of the fifth complete school year of teaching
described in subsection (b)(1), the Secretary shall repay not
more than--
``(A) $25,000 in the aggregate for a borrower
described in subsection (b)(1)(A); and
``(B) $5,000 in the aggregate for a borrower
described in subsection (b)(1)(B), except as provided
in paragraph (3) of this subsection.''; and
(B) in paragraph (3)--
(i) in the header, by inserting ``private
school'' before ``teachers'';
(ii) in subparagraph (A)(i), by striking
``subsection (b)'' and inserting ``subsection
(b)(1)(B)'';
(iii) in subparagraph (B)(i), by striking
``subsection (b)'' and inserting ``subsection
(b)(B)''; and
(iv) in subparagraph (B)(iii), by striking
``public or'' before ``non-profit''; and
(3) in subsection (g)--
(A) in paragraph (1)(A), by striking ``(b)(1)(A)''
and inserting ``(b)(1)(B)(i)''; and
(B) in paragraph (3), by striking ``(b)(1)(B)'' and
inserting ``(b)(1)(B)(ii)''.
SEC. 3. DIRECT LOAN PROGRAM LOAN FORGIVENESS FOR TEACHERS.
Section 460 of the Higher Education Act of 1965 (20 U.S.C. 1087j)
is amended--
(1) by amending section (b) to read as follows:
``(b) Program Authorized.--The Secretary shall carry out a program
of canceling the obligation to repay a qualified loan amount in
accordance with subsection (c) for Federal Direct Stafford Loans and
Federal Direct Unsubsidized Stafford Loans made under this part for any
borrower--
``(1) who--
``(A) has been employed as a full-time elementary
school or secondary school teacher for 5 consecutive
complete school years at any public school; or
``(B) is a new borrower on or after October 1,
1998, and who has been employed as a full-time private
school teacher for 5 consecutive complete school
years--
``(i) in a school that qualifies under
section 465(a)(2)(A) for loan cancellation for
Perkins loan recipients who teach in such
schools; and
``(ii) if employed as an elementary school
or secondary school teacher, is highly
qualified as defined in section 9101 of the
Elementary Secondary Education Act of 1965, or
meets the requirements of subsection (g)(3);
and
``(2) who is not in default on a loan for which the
borrower seeks forgiveness.'';
(2) in subsection (c)--
(A) by amending paragraph (1) to read as follows:
``(1) In general.--Of the loan obligation on a Federal
Direct Stafford Loan or a Federal Direct Unsubsidized Stafford
Loan that is outstanding after the completion of the fifth
complete school year of teaching described in subsection
(b)(1), the Secretary shall cancel not more than--
``(A) $25,000 in the aggregate for a borrower
described in subsection (b)(1)(A); and
``(B) $5,000 in the aggregate for a borrower
described in subsection (b)(1)(B), except as provided
in paragraph (3) of this subsection.''; and
(B) in paragraph (3)--
(i) in the header, by inserting ``private
school'' before ``teachers'';
(ii) in subparagraph (A)(i), by striking
``subsection (b)(1)'' and inserting
``subsection (b)(1)(B)'';
(iii) in subparagraph (B)(i), by striking
``subsection (b)(1)'' and inserting
``subsection (b)(1)(B)''; and
(iv) in subparagraph (B)(iii), by striking
``public or'' before ``non-profit''; and
(3) in subsection (g)--
(A) in paragraph (1)(A), by striking ``(b)(1)(A)''
and inserting ``(b)(1)(B)(i)''; and
(B) in paragraph (3), by striking ``(b)(1)(A)(ii)''
and inserting ``(b)(1)(B)(ii)''.
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