Student Loan Forgiveness for Farmers and Ranchers Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Dec 19, 2022)
Student Loan Forgiveness for Farmers and Ranchers Act
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.
What just happenedDec 19, 2022
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Who’s behind it
- Introduced in SenateDec 19, 2022
- Dec 19, 2022IntroReferral
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Health, Education, Labor, and Pensions Committee - Dec 19, 2022IntroReferral10000
Introduced in Senate