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HR 2728 118th Congress House Education

Young Farmer Success Act

Introduced: April 19, 2023 Introduced by: Thompson, Glenn Republican · Pennsylvania See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 19, 2023
Referred to the House Committee on Education and the Workforce.
Apr 19, 2023
Introduced in House
 Plain-English summary Congressional Research Service

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 April 19, 2023

Referred to the House Committee on Education and the Workforce.

 Committees of jurisdiction 1