“EDUCATION IS THE KEY TO SUCCESS” ~SOLOMON ORTIZ.
There is no greater investment than in our children. They are the future. If we want them to succeed and compete in the global economy, we need to invest more money in their education.
In Congress I will work to achieve:
- Universal Pre-K. Research shows children attending preschool often have higher test scores when they reach elementary school
- Increase federal funding for public colleges and universities
- Provide tax credits to employers who help employees pay off education debt.
The average starting salary for a teacher in the US is below $40,000. According to the Economic Policy Institute report, teachers are paid 21.4% less than similarly educated and experienced professionals. If we don’t address underfunding and lack of resources for our teachers, our kids will not receive a quality education that is needed to succeed.
When elected I will:
- Work with my colleagues to create a stipend that will be paid through the Department of Education $1,200 per month for every teacher. The wage will help boost teacher’s salaries while states will continue to pay teachers base pay.
- Reform the Teacher Forgiveness Program. The Teacher Forgiveness Program is unattainable and ineffective. Currently, to become eligible, you must not have an outstanding balance on Direct Loans or Federal Family Education Loans. You must be employed full time and complete five consecutive academic years. Loans must be made before the end of the fifth academic year of qualifying teaching service. My plan will modify the existing program by:
- After one year of teaching, the Department of Education will pay up to $5,000 per year of the teacher’s federal student loans.
- To attract more teachers and retain experienced educators to work in high-poverty areas, the Department of Education will pay $7,000 per year of the teacher’s federal student loans and an additional $300 to their monthly stipend.
Student loan debt in America is over $1 Trillion. Students are drowning in debt from their student loans as the cost of tuition has increased over the years. Kim proposes:
- Increasing the corporate tax rate from 21% to 23% to pay off all student loans
- Tax incentive of $50,000 for those who already paid off their student loans
- Eliminate student loan interest rate.