S. 2370 · 115th Congress
STRIVE Act
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
BookerSponsor3 cosponsors · 3 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Supporting the Teaching Profession through Revitalizing Investments in Valuable Educators Act or the STRIVE Act
What it does: CRS summary · Introduced in Senate · Feb 5, 2018
Supporting the Teaching Profession through Revitalizing Investments in Valuable Educators Act or the STRIVE 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: STRIVE Act
Also known as: Supporting the Teaching Profession through Revitalizing Investments in Valuable Educators Act
Latest action (Feb 5, 2018): Read twice and referred to the Committee on Finance.
Policy area: Education · Origin: Senate · Introduced: Feb 5, 2018
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.