"Nurses who earn a master's or doctorate degree and then teach full-time at an accredited nursing school would have their student loans paid off under a new bill in the U.S. House," McKnight's reports. "Nurses would be repaid up to $40,000 for a master's degree and up to $80,000 for a doctorate under H.R. 1460. The measure, which would create a federal student loan repayment program, was introduced late last week by Reps. Tammy Baldwin (D-WI) and Tom Latham (R-IA). Grant recipients would have to teach for four years to qualify for the loan repayment."