In the House, HR 3232 would add farmers to the Public Service Loan Forgiveness Program. In the Senate, the Student Loan Forgiveness for Farmers and Ranchers Act (S.2168), would create the Agricultural Loan Forgiveness Program, a loan forgiveness program specifically for farmers and ranchers that would provide a pathway out of student loan debt, bolster the nation’s agricultural economy and provide security to its food supply.
Take action today to support and help move forward this crucial legislature!! Text “student loans” to 40649 and *click here* to ask your Members of Congress to co-sponsor the Student Loan Forgiveness for Farmers and Ranchers Act because #farmingispublicservice!
Farming is a capital-intensive occupation and student loan debt is often prohibitive for young people in getting the credit needed to start their own farms and contribute to their local economies. These bills would help make farming a viable career choice for young people as our nation’s average age of farmers creeps higher and higher. They would allow the nation to invest in retaining more young farmers who are highly educated, experienced, and pursuing successful agricultural careers, but struggling under the burden of student loan debt.
Hey friends, Last month, Reps. Joe Courtney (D-CT), Glenn ‘GT’ Thompson (R-PA) and John Faso (R-NY) reintroduced the Young Farmer Success Act (H.R. 1060), a bill to provide student loan forgiveness to young farmers.
This is an initiative which could have a very positive impact, not only on current farmer, but by encouraging more young folks to join us in the field.
Enter the Young Farmer Success Act, which would extend the student loan debt forgiveness granted to persons in public service by the Higher Education Act of 1965 to full time farmer and farm workers. It’s in the senate now! What you think? Is farming an act of national service? Then join up with the folks over at FarmingIsPublicService.org.
As Eric Hansen, policy advocate for the NYFC says, “It’s incredibly valuable to invite your member of Congress out to the farm. Show them what you’re doing, what contributions you’re making to your community. You’re providing jobs, you’re producing food, and you’re helping to secure the rural economy. Show them the service you’re providing and explain your own struggle with student loan debt.”
By LIZ CARLISLE (published in the LA Times July 9, 2015)
A bill recently introduced in Congress, the Young Farmer Success Act, would make farmers eligible for federally subsidized student loan forgiveness — just as teachers and nurses are now — on the grounds that agriculture is a public service. But is it? (more…)
Big news from the National Young Farmers Coalition! The Young Farmer Success Act of 2015 (H.R. 2590) has been introduced in the House by Representative Chris Gibson (R-NY) and Representative Joe Courtney (D-CT) with the goal of adding farmers to the Public Service Loan Forgiveness Program.
Under the program, farmers who make 10 years of income-driven student loan payments would have the balance of their loans forgiven. This program already covers a number of other public service professions, including government service, teaching, and nursing.
The Young Farmer Success Act has support from a broad coalition of nearly 100 farming organizations including the National Farmers Union, Future Farmers of America, and Farm Aid.
Now we need your support.
Send your Representative an email and ask her/him to sign on as a cosponsor of H.R. 2590. To make it fast and easy for you, we’ve drafted sample language and looked up your Representative’s contact information—all you have to do is tell us your zip code.