Bill Description: Senate Bill 1290 creates a rural and underserved educator incentive program that could give each educator up to $12,000 to pay for student loans and other education expenses.
Rating: -2
Does the bill allow schools to be more flexible, improve feedback mechanisms, and decentralize decisions to the family or individual level? (+) Conversely, does the bill add to the existing education bureaucracy? (-)
Senate Bill 1290 adds to the existing education bureaucracy by creating a new taxpayer subsidized student debt payment program for state certified public school teachers. It is for workers who have student debt or eligible education expenses of $1,000 or more and work at a rural or economically disadvantaged district or public charter school. Workers who would benefit from this program would receive $1,500 in the first year, $2,500 in the second year, $3,500 in the third year, and $4,500 in the fourth year. Instead of addressing the ongoing misallocation of taxpayer dollars within the education system, which leads to low teacher pay, this bill increases spending on the public education system from the general fund by at least $3 million per year.
(-1)
Does the bill finance education based on the student rather than the institution? (+) Conversely, does the bill finance education based on an institution or system? (-)
Senate Bill 1290 requires taxpayers to pay the debt for loans they did not agree to pay for. This bill requires taxpayers to bear even more of the cost of education, further socializing the costs of universities and the public education system while fostering tuition inflation and demand for empty credentials.
(-1)