The Young Farmer Success Act isn’t a handout. It’s a repayment plan, where those entering the agriculture industry are making income-based repayments consistently for 10 years, prior to qualifying for debt forgiveness. That means they have to make a 10-year commitment to agriculture before benefiting from such a program. If in 10 years, a grower has outstanding student debt, it’s forgiven.
This act may not have a lot to do with you, on the surface, but if you want agriculture to have a seat at the table in the future, we need dedicated young people willing to give a agriculture a chance. And they need all of our support.
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