Adjunct Faculty Loan Fairness Act of 2023
The passage of SB1353 would directly impact adjunct faculty at institutions of higher education, postsecondary vocational institutions, and Tribal Colleges and Universities. By altering the eligibility criteria for public service loan forgiveness, the bill aims to acknowledge the crucial role that adjunct faculty play in the educational landscape, allowing them access to financial relief for their student loans, thus potentially retaining skilled educators within the field.
SB1353, known as the Adjunct Faculty Loan Fairness Act of 2023, proposes amendments to the Higher Education Act of 1965 with the intent of allowing adjunct faculty members to qualify for public service loan forgiveness. Specifically, the bill modifies existing provisions to broaden eligibility for loan forgiveness programs, which have historically excluded a significant portion of adjunct educators.
Despite the support for SB1353, the bill may encounter contention regarding fiscal implications and fairness in student loan forgiveness policies. Critics could argue that expanding loan forgiveness to adjunct faculty might divert resources away from other essential educational funding or create disparities between different categories of educators. The balance between providing relief to adjunct faculty and maintaining rigorous oversight and funding for public education is likely to be a central debate if the bill advances.