H.R. 4522 · 109th Congress

To amend the Higher Education Act of 1965 to provide for student loan forgiveness to encourage individuals to become and remain school administrators in low income areas.

Stage
In committee
Introduced
2005-12-13
Latest action
2006-03-27 · Referred to the Subcommittee on 21st Century Competitiveness.

Summary

Amends the Higher Education Act of 1965 to provide for forgiveness of Federal Family Education (FFEL) loans and Ford Federal Direct (student) loans to any borrower who has been employed as a full-time school superintendent, principal, or other administrator for five consecutive complete school years in a school district in a low-income area.