Loan Forgiveness for Educators Act

The Loan Forgiveness for Educators Act would provide full student loan forgiveness to educators who work in high-need schools or early childhood education programs. After completing 5 years of qualifying service, educators would have 100% of their outstanding student loans forgiven, with the option for monthly loan forgiveness during their service period. The bill defines "high-need schools" as those with over 30% of students in poverty or identified for improvement, and includes special provisions for educators working in Native American, Tribal, and Bureau of Indian Education schools. Educators could count service completed before the law's enactment toward their 5-year requirement, and the program would cover both FFEL and Direct Loan programs.