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Education and ScienceS. 5388Not Yet VotedComments

Student Loan Forgiveness for Farmers and Ranchers Act

Official title: A bill to establish a student loan forgiveness plan for certain borrowers who are employed at a qualified farm or ranch.

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What Happened in Congress?

Pending

Not yet voted on the floor.

Where the Bill Stands

  1. Introduced, done
  2. Committee, current stage
  3. Floor Vote, not yet
  4. Outcome, not yet

What This Bill Does

This bill establishes a student loan forgiveness program for certain farmers or ranchers.

Specifically, to receive loan forgiveness under this bill, a borrower must (1) make 120 monthly loan payments under a specified repayment plan while employed full-time at a qualified farm or ranch; and (2) fall within certain categories of individuals such as a beginner farmer or rancher, an individual underrepresented in the agricultural profession, or a veteran farmer or rancher.

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Related Documents

Bill on Congress.govWeb Page ↗ (opens in a new tab)

Timeline

  1. Library of CongressIntroduced in Senate
  2. SenateRead twice and referred to the Committee on Health, Education, Labor, and Pensions.
  3. Introduced
  4. Committee

Comments

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