New Mexico 2023 Regular Session

New Mexico Senate Bill SB325

Introduced
2/3/23  

Caption

School Counselor Teacher Loan Repayment

Impact

If enacted, SB325 will amend existing state laws to broaden the definition of eligible positions for loan repayment assistance. Specifically, it will allow social workers and school counselors, alongside teachers, to receive loan repayment awards of up to $6,000 per year for their educational loans. This financial assistance is intended to promote retention and attract professionals to work in high-need areas, thereby potentially improving educational outcomes for students who are most in need of support.

Summary

Senate Bill 325, introduced by Senators William P. Soules and Debra M. SariƱana, aims to amend the Teacher Loan Repayment Act by expanding eligibility to include social workers and school counselors employed in public schools. The bill addresses the growing need for trained professionals in education-related fields and seeks to alleviate the financial burden of student loans for these essential roles. The legislation will enhance the state's commitment to supporting individuals who work in designated high-need areas and low-performing schools, where there is a significant demand for qualified staff.

Contention

Notable points of contention surrounding SB325 could include concerns regarding funding for the expanded loan repayment program. Critics might question whether the state has the fiscal capacity to support an increase in loan repayments, particularly as the demand for such funding may grow. Additionally, discussions may arise around prioritization of funding and the effectiveness of the program in addressing educational inequities, especially in light of existing budget allocations for education and social services.

Companion Bills

No companion bills found.

Previously Filed As

NM HB371

Instructional Support Student Loan Repayment

NM SB491

Public Service Law Loan Repayment Additions

NM SB0171

Teachers and counselors.

NM SB482

Janet L. Hoffman Loan Assistance Repayment Program - Mental Health Professionals in Public Schools

NM HB488

Janet L. Hoffman Loan Assistance Repayment Program - Mental Health Professionals in Public Schools

NM SB411

Physician Loan Repayment Act

NM SB441

Janet L. Hoffman Loan Assistance Repayment Program - Nancy Grasmick Public School Professional Award - School Nurses

NM HB545

Janet L. Hoffman Loan Assistance Repayment Program - Nancy Grasmick Public School Professional Award - Public School Nurses

NM SB23

Rural Primary Care Clinician Loan Repayment

NM SB00186

An Act Concerning School Counselors.

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