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Student Loan Forgiveness and Deferment for Public School Teachers

This act introduces significant changes for public school teachers, offering them federal student loan forgiveness after 8 years of service. Additionally, teachers will be able to defer loan payments, and interest will not accrue during this period. This aims to provide financial support and encourage careers in public education.
Key points
Public school teachers can receive full forgiveness of federal undergraduate student loans after 8 consecutive years of service.
The forgiven loan amount will not be considered taxable income.
Teachers will be eligible for loan deferment, with no interest accrual, during their service and for 6 months thereafter.
This program can be combined with other student loan forgiveness benefits.
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Introduced
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Additional Information
Print number: 119_HR_5084
Sponsor: Rep. Fields, Cleo [D-LA-6]
Process start date: 2025-09-02