The bill S. 4281, known as the “Student Loan Forgiveness for Farmers and Ranchers Act,” aims to establish a loan forgiveness program for borrowers working on qualified farms or ranches. It specifies that eligible individuals are those who are either beginning farmers,...
Simple Explanation
The bill wants to help people who work on farms or ranches by forgiving some of their student loan debt if they make regular payments and meet certain conditions. It's like saying, "If you help us grow food, we’ll help you pay back your school money."