US SB2370 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on February 5 2018 - 25% progression, died in committee
Action: 2018-02-05 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 5 2018 - 25% progression, died in committee
Action: 2018-02-05 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
STRIVE Act Supporting the Teaching Profession through Revitalizing Investments in Valuable Educators Act This bill amends the Higher Education Act of 1965 to provide qualifying teachers with a new, incremental loan-cancellation program. Specifically, with respect to a 12-month period, the Department of Education (ED) must cancel a specified portion of a borrower's qualifying Federal Direct Loan Program loans if the borrower: (1) has made 12 consecutive on-time monthly payments, (2) is employed in a qualifying teaching position at the time of such cancellation, and (3) was employed in a qualifying teaching position during the period in which the borrower made the 12 payments. After a borrower has received such partial loan cancellation for a specified number of years, ED must cancel the borrower's eligible loans in full. The bill also: increases and extends funding for teacher training; makes changes to the Teacher Education Assistance for College and Higher Education grant program, including by increasing annual award amounts and making early childhood teachers eligible for such grants; requires ED to award grants to states to subsidize teacher certification and licensing fees for low-income individuals who have entered the teaching profession; expands the teacher quality partnership grant program to include early childhood educators; and increases the tax deduction for school expenses and extends the deduction to early childhood educators.
Title
STRIVE Act Supporting the Teaching Profession through Revitalizing Investments in Valuable Educators Act
Sponsors
Sen. Cory Booker [D-NJ] | Sen. Brian Schatz [D-HI] | Sen. Kamala Harris [D-CA] | Sen. Elizabeth Warren [D-MA] |
History
Date | Chamber | Action |
---|---|---|
2018-02-05 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB4914 (Same As) 2018-04-05 - Referred to the Subcommittee on Higher Education and Workforce Development.
Subjects
Appropriations
Education
Education of the disadvantaged
Elementary and secondary education
Government information and archives
Government lending and loan guarantees
Higher education
Income tax deductions
Licensing and registrations
Minority employment
Preschool education
Science and engineering education
Student aid and college costs
Teaching, teachers, curricula
Vocational and technical education
Education
Education of the disadvantaged
Elementary and secondary education
Government information and archives
Government lending and loan guarantees
Higher education
Income tax deductions
Licensing and registrations
Minority employment
Preschool education
Science and engineering education
Student aid and college costs
Teaching, teachers, curricula
Vocational and technical education
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/115th-congress/senate-bill/2370/all-info |
Text | https://www.congress.gov/115/bills/s2370/BILLS-115s2370is.pdf |