Education for Economic Security Amendments of 1986

Education for Economic Security Amendments of 1986 - Amends the Education for Economic Security Act to replace the current title II, Education for Economic Security program, with a new title II, Teacher Training and Improvement Program. Provides that such title may be cited as the "Teacher Training and Improvement Act."

Authorizes appropriations to carry out such program for FY 1987 through 1991.

Provides for allotment of funds to States for State and local projects, and for reservations of funds for national programs, Department of the Interior schools for Indian children, and specified U.S. territories and possessions.

Sets forth State application requirements.

Requires that funds for State and local projects be used for: (1) inservice education for teachers to improve subject matter and teaching skills, including those needed to maintain an orderly classroom environment; (2) inservice education for school administrators to improve leadership skills, including those needed to maintain an orderly school environment; (3) retraining teachers who wish to teach different subjects; (4) support, including scholarships and internships, for qualified persons in other professions who wish to become teachers or school administrators; (5) improved preservice education of teachers and school administrators; (6) improved teacher education programs; (7) recognition of excellent performance by teachers or school administrators by awarding fellowships for further study or research and writing opportunities; (8) personnel exchange programs between education and other fields; and (9) other activities consistent with the purposes of this Act.

Sets forth requirements for equitable program participation by private nonprofit school teachers and administrators.

Sets forth provisions for national programs, including: (1) summer institutes and centers; (2) scholarships and fellowships; (3) exchange programs; (4) awards for development and testing of teacher education programs; (5) presidential teacher internships; (6) awards for individual research projects; (7) information collection and dissemination; (8) research on teaching and improving preservice and inservice education; and (9) developing model programs for providing skills to maintain an orderly classroom environment.

Provides that Federal funds to State or local educational agencies under this Act must be used to supplement, not supplant, non-Federal funds. Bars use of Federal funds under this Act to benefit teachers or school administrators in private, for-profit schools.

Repeals provisions of the Education Amendments of 1978 relating to territorial teacher training assistance.

Repeals the Leadership in Educational Administration Development Act of 1984.