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Teach Our Teachers Act

H.R. 3366 · 114th Congress · Jul 29, 2015 · Lineage

A BILL

To amend the Higher Education Act of 1965 to allow an individual to qualify for both teacher loan forgiveness and public service loan forgiveness, and for other purposes.

Section 1 Short title

This Act may be cited as the “Teach Our Teachers Act”.

Sec. 2 Loan forgiveness for teachers

(a)
Part B— Section 428J of the Higher Education Act of 1965 (20 U.S.C. 1078–10) is amended—
(1)
in subsection (b)(1), in the matter preceding subparagraph (A), by striking “5” and inserting “3”;
(2)
in subsection (c)—
(A)
in paragraph (1)—
(i)
by striking “$5,000” and inserting “$17,500”; and
(ii)
by striking “fifth” and inserting “third”; and
(B)
by striking paragraph (3); and
(3)
in subsection (g)—
(A)
by inserting “or” at the end of subparagraph (A); and
(B)
by striking subparagraph (B).
(b)
Part D— Section 460 of the Higher Education of 1965 (20 U.S.C. 1087j) is amended—
(1)
in subsection (b)(1), in the matter preceding subparagraph (A), by striking “5” and inserting “3”;
(2)
in subsection (c)—
(A)
in paragraph (1)—
(i)
by striking “$5,000” and inserting “$17,500”; and
(ii)
by striking “fifth” and inserting “third”; and
(B)
by striking paragraph (3); and
(3)
in subsection (g)—
(A)
by inserting “or” at the end of subparagraph (A); and
(B)
by striking subparagraph (B).

Sec. 3 Conforming amendments

Section 455(m)(4) of the Higher Education Act of 1965 (20 U.S.C. 1087e(m)(4)) is amended—
(1)
by striking “428J,”; and
(2)
by striking “428L, or 460” and inserting “, or 428L”.