Farm and ranch workers can get student loans forgiven after ten years.
H.R. 9974 — Young Farmer Success Act · Filed by Glenn Thompson (R-PA) · 4 cosponsors · Introduced Jul 27, 2026 · Referred to committee
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What it does
This bill adds farm and ranch workers to a loan forgiveness program. The program already forgives loans for government, education, and nonprofit workers. After ten years of payments, their loans are erased. A farm or ranch must earn at least $35,000 per year. Workers must work full-time to qualify.
Who it affects
Farm and ranch workers who borrowed money for school gain access to loan forgiveness. The farms and ranches they work for must earn at least $35,000 yearly.
One thing to notice
The bill sets a $35,000 yearly income threshold for farms. Very small farms may not qualify even if workers work full-time there.
From the analysis of the bill text, linked under Primary records below.
Where it stands
4 cosponsors: 2 Democrats, 2 Republicans.
- Jul 27, 2026 — Introduced · Congress.gov: “Introduced in House”
- Jul 27, 2026 — Referred to House Committee on Education and Workforce · Congress.gov: “Referred to the House Committee on Education and Workforce”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Words to know
- loan forgiveness — The government erases student loans after a person meets certain rules.
- full-time — Working a regular job for the standard number of hours per week.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (1,153 characters) on Jul 31, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 14,707 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
As of — page rendered 2026-09-23.
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