Section 1 Short title
This Act may be cited as the “Maximizing Opportunities and Retaining Experienced Teachers Act” or the “MORE Act” .
Maximizing Opportunities and Retaining Experienced Teachers Act
A BILL
To amend the Higher Education Act of 1965 to increase the amount of loan forgiveness for which teachers in teacher shortage areas are eligible.
Sec. 2 Loan forgiveness for teachers in teacher shortage areas
in subsection (c), by adding at the end the following:
“(4) Additional amounts for teachers in teacher shortage areas—Notwithstanding the amount specified in paragraph (1), the aggregate amount that the Secretary shall repay under this section shall be not more than $17,500 in the case of an elementary school or secondary school teacher who meets the requirements of subsection (b), except that in lieu of being employed in a school or location described in paragraph (1)(A) of subsection (b), the teacher has been employed in a teacher shortage area (as defined in section 682.210(q)(5) of title 34, Code of Federal Regulations (as in effect on the date of enactment of the Maximizing Opportunities and Retaining Experienced Teachers Act)).”
in subsection (g)(1)(A), by inserting “or subsection (c)(4)” after “subsection (b)(1)(A)”.
in subsection (c), by adding at the end the following:
“(4) Additional amounts for teachers in teacher shortage areas—Notwithstanding the amount specified in paragraph (1), the aggregate amount that the Secretary shall repay under this section shall be not more than $17,500 in the case of an elementary school or secondary school teacher who meets the requirements of subsection (b), except that in lieu of being employed in a school or location described in paragraph (1)(A) of subsection (b), the teacher has been employed in a teacher shortage area (as defined in section 682.210(q)(5) of title 34, Code of Federal Regulations (as in effect on the date of enactment of the Maximizing Opportunities and Retaining Experienced Teachers Act)).”
in subsection (g)(1)(A), by inserting “or subsection (c)(4)” after “subsection (b)(1)(A)”.