Nurse Faculty and Physical Therapist Education Act of 2007

Nurse Faculty and Physical Therapist Education Act of 2007 - Amends the Public Health Service Act to require the Secretary of Health and Human Services, acting through the Health Resources and Services Administration, to establish a Nurse Faculty Education Program to ensure an adequate supply of nurse faculty through awarding grants to eligible entities to: (1) hire new faculty, retain existing faculty, and purchase educational resources; (2) increase enrollment and graduation rates for students from doctoral programs; and (3) assist graduates in serving as nurse faculty in schools of nursing. Requires the Comptroller General to report on activities to increase participation in the nurse educator program.

Requires the Secretary to establish a program to provide Geriatric Academic Career Awards to promote the career development of eligible individuals as geriatric nurse faculty.

Requires the Secretary to establish a Nurse and Physical Therapist Distance Education Pilot Program to award grants for activities to increase accessibility to nursing and physical therapy education, including to: (1) assist individuals in rural areas who want to study nursing or physical therapy; (2) promote the study of nursing and physical therapy at all educational levels; (3) establish additional slots for nursing and physical therapy students at existing schools and programs; and (4) establish new nursing and physical therapy education programs at institutions of higher education

Requires the Secretary to: (1) report on the country of origin or professional school of origin of newly licensed nurses and physical therapists in each state; and (2) contract with the Institute of Medicine to study the nursing and physical therapy workforce.