Proposed
Bill · 119th Congress · S 5388
Student Loan Forgiveness for Farmers and Ranchers Act
Refreshed 33 min ago
Introduced 2026-09-14Topic: educationSummary
Summary by the Congressional Research ServiceStudent Loan Forgiveness for Farmers and Ranchers Act This bill establishes a student loan forgiveness program for certain farmers or ranchers. Specifically, to receive loan forgiveness under this bill, a borrower must (1) make 120 monthly loan payments under a specified repayment plan while employed full-time at a qualified farm or ranch; and (2) fall within certain categories of individuals such as a beginner farmer or rancher, an individual underrepresented in the agricultural profession, or a veteran farmer or rancher.
Sponsors
- Christopher Murphy Democrat sponsor
- 2 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-09-14 | Senate | Read twice and referred to the Committee on Health, Education, Labor, and Pensions. | refer |
| 2026-09-14 | Introduced in Senate | introduce |