US SB2168 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on July 18 2019 - 25% progression, died in committee
Action: 2019-07-18 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Pending: Senate Health, Education, Labor, And Pensions Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

Student Loan Forgiveness for Farmers and Ranchers Act

Sponsors


History

DateChamberAction
2019-07-18SenateRead twice and referred to the Committee on Health, Education, Labor, and Pensions.

Subjects


US Congress State Sources


Bill Comments

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