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Legislation introduced to help young farmers with student loans

Legislation introduced in the US House aims to ease the financial burden on young farmers.

The Young Farmer Success Act would help young farmers manage student loan debt by making them eligible for the Public Service Loan Forgiveness Program.

The bipartisan bill was introduced by Representatives Glen “GT” Thompson of Pennsylvania, Nikki Budzinski of Illinois, Joe Courtney of Connecticut and Monica De La Cruz of Texas.

Thompson says the average age of a farmer in the US is 57 years old, so youth need to be encouraged to enter the ag workforce to cultivate the next generation of farmers and ranchers. He says the bill offers incentives for individuals who want to work in agriculture, which enhances both national security and the long-term viability of the nation.

Budzinski says the success of rural communities depends on the next generation of agriculture and the bill is “a commonsense way to help bring more young people into the ag workforce and keep rural economies strong.”

The National Farmers Union, National Corn Growers Association and Illinois Farm Bureau have all expressed support for the bill.

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