Student Loan Forgiveness for Farmers and Ranchers Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jul 18, 2019)
Student Loan Forgiveness for Farmers and Ranchers Act
This bill establishes a student loan forgiveness program for certain farmers or ranchers.
Specifically, it requires the Department of Education to cancel the balance of interest and principal due on a borrower's Federal Direct Loans after such borrower makes 120 monthly loan payments under a specified repayment plan while employed full-time at a qualified farm or ranch.
What just happenedJul 18, 2019
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Who’s behind it
- Introduced in SenateJul 18, 2019
- Jul 18, 2019IntroReferral
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Health, Education, Labor, and Pensions Committee - Jul 18, 2019IntroReferral10000
Introduced in Senate