HR 8549 United States House · 117th Congress

Young Farmer Success Act

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.
Bill status in committee 1 of 4 stages cleared
Introduction
Jul 2022
Committee Review
Floor Vote
President
Introduced Jul 28, 2022 Last action Jul 28, 2022
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Jul 28, 2022
Committee
Referred to the House Committee on Education and Labor.
lower
Jul 28, 2022
Introduced
Introduced in House
lower
1 primary · 10 co-sponsors

Sponsors