1. Short title This Act may be cited as the Diversifying by Investing in Educators and Students to Improve Outcomes For Youth Act or the Diversify Act . 2. Findings Congress finds the following: (1) Schools predominantly enrolling historically underserved students are often disproportionately impacted by teacher shortages. (2) Data shows that between 2009 and 2014, teacher education enrollments dropped from 691,000 to 451,000, a 35-percent reduction. This amounts to a decrease of almost 240,000 professionals on their way to becoming teachers in the year 2014, as compared to 2009. (3) Research suggests that service scholarship programs like the TEACH Grant Program are successful when they are both administratively manageable and when subsidies are large enough to substantially offset training costs. Efforts to increase the TEACH Grant award amount must be combined with efforts to ensure that the program is administratively manageable. In order for the TEACH Grant Program to meet its full potential, the research is clear that both criteria need to be addressed. (4) The TEACH Grant’s award amount has not increased since its creation in the bipartisan College Cost Reduction and Access Act of 2007 ( Public Law 110–84 ). In addition, due to the Budget Control Act of 2011 ( Public Law 112–25 ), the maximum amount of grant aid available under the TEACH Grant Program of $4,000 a year has been cut for a majority of the program’s existence. This comes at a time when the yearly full cost of a public 4-year college for an in-State student exceeds $20,000. Further, more than two-thirds of individuals entering the field of education borrow money to pay for their higher education, resulting in an average debt of about $20,000 for those with a bachelor’s degree and $50,000 for those with a master’s degree. (5) Grant programs can eliminate or reduce the need to borrow student loans in order to afford a college education. This is important because a college student’s potential debt burden influences the student’s decisions about