MORE Act

Bill: 113-hr-5275
Sponsor: full_name: Rep. Cohen, Steve [D-TN-9]
Introduced: 2014-07-30
Policy area: Education
Subjects: Education of the disadvantaged

Elementary and secondary education

Government lending and loan guarantees

Higher education

Student aid and college costs

Teaching, teachers, curricula
Latest action: action_date: 2014-11-17
text: Referred to the Subcommittee on Higher Education and Workforce Training.

Summaries:
action_date: 2014-07-30
action_desc: Introduced in House
text: <p>Maximizing Opportunities and Retaining Experienced Teachers Act or the MORE Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to provide up to $17,500 of loan forgiveness under the Federal Family Education Loan and William D. Ford Federal Direct Loan programs to highly qualified elementary and secondary school teachers who are employed in a teacher shortage area.</p>

tv_txt: I 113th CONGRESS 2d Session H. R. 5275 IN THE HOUSE OF REPRESENTATIVES July 30, 2014 Mr. Cohen (for himself, Mrs. Kirkpatrick , and Mr. Ellison ) introduced the following bill; which was referred to the Committee on Education and the Workforce 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.

1. Short title This Act may be cited as the Maximizing Opportunities and Retaining Experienced Teachers Act or the MORE Act . 2. Loan forgiveness for teachers in teacher shortage areas (a) FFEL Loans Section 428J of the Higher Education Act of 1965 ( 20 U.S.C. 1078–10 ) is amended— (1) 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)). ; and (2) in subsection (g)(1)(A), by inserting or subsection (c)(4) after subsection (b)(1)(A) . (b) Federal Direct Loans Section 460 of the Higher Education Act of 1965 ( 20 U.S.C. 1087j ) is amended— (1) 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)). ; and (2) in subsection (g)(1)(A), by inserting or subsection (c)(4) after subsection (b)(1)(A) .