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S.440: Preparing and Reinvesting in Early Education Act of 2013

About this Bill

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Sponsor Mark Begich, D-Alaska
Total Cosponsors 0
Introduced March 4, 2013
Latest Major Action March 4, 2013
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Bill Progress

  • Bill introduced in the Senate   
  • Bill passed in the Senate   
  • Bill passed in the House   
  • Bill signed into law

Bill Summary

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) forgiveness programs for teachers.

Makes 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.

Includes early childhood educators with associate degrees in early childhood development, early child education, or a related field in the program providing FFEL forgiveness for service in areas of ...

(Source: Congressional Research Service)

Bill Actions

Date Description
March 4, 2013 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.