Loan Forgiveness for Educators Act of 2026

The Loan Forgiveness for Educators Act of 2026 expands existing federal programs to offer debt relief for teachers and early childhood educators who work in high-need schools or specific early education programs. To qualify for full cancellation of their student loans, eligible educators must complete five years of service, which can be consecutive or non-consecutive, in designated schools serving at least 30% low-income students or in Head Start and other qualifying early childhood settings. The bill also introduces a monthly payment assistance feature that covers a portion of loan obligations during the service period and allows parents to receive forgiveness if their children or they themselves are qualifying educators. Verification of service is handled by school administrators or program directors, with simplified self-certification options available for family child care providers, and the law ensures that educators who leave their positions early are not required to repay any forgiven amounts.