HR 8549
117th Congress
House
Education
Young Farmer Success Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 28, 2022
Referred to the House Committee on Education and Labor.
Jul 28, 2022
Introduced in House
Plain-English summary
Young Farmer Success Act
This bill makes certain farmers or ranchers eligible for student loan forgiveness under the Public Service Loan Forgiveness (PSLF) program.
Under the PSLF program, the Department of Education must cancel the balance of interest and principal due on a borrower's Federal Direct Loans after the borrower makes 120 monthly loan payments while employed in a public service job. This bill broadens the definition of public service job to include a full-time job engaged in farm work as an employee or manager of a qualified farm or ranch.
What's happening now
Referred to the House Committee on Education and Labor.
Committees of jurisdiction
1