How desperate are you to get rid of your student loans? Desperate enough to become a farmer?? Of course, I say that in jest: Farming is an important and honorable profession that seems to be gaining an air of hipness to it despite the industry’s aging workforce. Still, because of that aging workforce, America seriously needs more young people to pursue careers in farming. Now congress is literally considering incentivizing a life on the farm by offering up student loan forgiveness.
Earlier this week, members of the House reintroduced the Young Farmer Success Act, a bipartisan bill seeking to add farmers to the Public Service Loan Forgiveness Program. That preexisting program offers some government and not-for-profit employees student loan forgiveness on their remaining balances after ten years of qualifying payments (which isn’t a particularly easy task on its own).
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