Educational Empowerment Act

Educational Empowerment Act - Amends the Internal Revenue Code to allow for the creation of up to 30 tax-qualified educational empowerment zones in certain low-income areas. Allows a tax credit for contributions to such educational empowerment zones for hiring new teachers, increasing teacher salaries, and training teachers.

Establishes a teacher loan forgiveness program for certain certified elementary, middle, or secondary school teachers (e.g., writing, mathematics, and science teachers) in educational empowerment zones.