Student Loan Forgiveness for Farmers and Ranchers
A house committee must act next: committee consideration.
The bill has support from both parties and addresses a real need for more farmers, but expanding loan forgiveness programs is often a difficult sell in a divided Congress.
Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
Students studying agriculture who plan to borrow federal loans may see farm and ranch employment as a more financially viable career path once it counts toward loan forgiveness, potentially changing career and borrowing decisions before they even graduate.
Referred to the House Committee on Education and Workforce.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
A bipartisan coalition in the House has reintroduced the Young Farmer Success Act, aiming to add farmers and ranchers to the Public Service Loan Forgiveness program. The bill requires participants to work full-time on farms generating at least $35,000 in annual revenue.
Advocates for the Young Farmer Success Act argue that treating agriculture as a public service is essential for national food security. The bill would allow farmers to see their federal student loans forgiven after 120 qualifying payments, similar to teachers and nurses.
As Congress negotiates the 2026 Farm Bill, the National Young Farmers Coalition is urging the Senate to include the Young Farmer Success Act. The proposal aims to alleviate the debt burden that prevents many graduates from entering the capital-intensive agricultural industry.
No votes or related bills recorded for this bill yet.
Document Type
Congressional Bill
Official Title
Young Farmer Success Act
Analysis generated by AI. Always verify with official sources.