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]
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.
Title
Student Loan Forgiveness for Farmers and Ranchers Act
Sponsors
Sen. Christopher Murphy [D-CT] | Sen. Tom Udall [D-NM] | Sen. Tammy Baldwin [D-WI] | Sen. Tina Smith [D-MN] |
History
Date | Chamber | Action |
---|---|---|
2019-07-18 | Senate | Read twice and referred to the Committee on Health, Education, Labor, and Pensions. |
Subjects
Agricultural education
Education
Government lending and loan guarantees
Higher education
Minority employment
Student aid and college costs
Veterans' education, employment, rehabilitation
Women's employment
Education
Government lending and loan guarantees
Higher education
Minority employment
Student aid and college costs
Veterans' education, employment, rehabilitation
Women's employment
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/2168/all-info |
Text | https://www.congress.gov/116/bills/s2168/BILLS-116s2168is.pdf |