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PRE ED Act of 2013

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3/4/2013--Introduced. Preparing and Reinvesting in Early Education Act of 2013 or the PRE ED Act of 2013 - Amends the Higher Education Act of 1965 to include early childhood educators in the Federal Family Education Loan (FFEL) and Direct Loan (DL) f...[more]

Sponsor

  • Sen. Mark Begich [D, AK]

Sponsor: Sen. Mark Begich (D-AK)

Summary:

  • Would include early childhood educators in the FFEL and DL forgiveness programs for teachers.
  • Would make early childhood educators eligible for FFEL or DL forgiveness if they are not in default on the loan being forgiven and have: (1) been employed as a full-time early childhood educator for five consecutive complete school years or a comparable period, as determined by the Secretary of Education; and (2) obtained an associate or baccalaureate degree in early childhood education prior to that period of service.
  • Caps at $25,000 the amount of an early childhood educator's FFEL or DL that may be forgiven. 
 

Status:

3/4/13 – Introduced, read twice and referred to the Committee on Health, Education, Labor and Pensions.