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S 2168 116th Congress Senate Education Agricultural education Government lending and loan guarantees Higher education Minority employment Student aid and college costs Veterans' education, employment, rehabilitation Women's employment

Student Loan Forgiveness for Farmers and Ranchers Act

Introduced: July 18, 2019 Introduced by: Murphy, Christopher Democratic · Connecticut See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 18, 2019
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Jul 18, 2019
Introduced in Senate
 Plain-English summary Congressional Research Service

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's happening now July 18, 2019

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 Committees of jurisdiction 1