Education is the cornerstone of democracy. Providing quality education is one of the government’s most important obligations to the people. If our children are to receive a quality education, we must increase teacher’s pay. Kim proposes to use the federal tax code to create a permanent $20,000 refundable Teachers Tax Credit.
Kim also wants to change the Teacher Forgiveness Program. The Teacher Forgiveness Program is unattainable and ineffective. You must currently have no outstanding balances on Direct Loans or Federal Family Education Loans to be eligible. You must work full-time and complete five academic years in a row. Kim's approach will alter the current program by having the Department of Education pay the teacher's student loans for the next five years, after which the remaining balance will be forgiven.
Original source can be found here.
