Bill · H.R. 9974· House(119-HR-9974)
Young Farmer Success Act
- Introduced
- 7/27/2026
- Last activity
- 7/27/2026 — Referred to the House Committee on Education and Workforce.
- Sponsored by
- Glenn Thompson
- Cosponsors
- - 2 - 2
- Introduced
- In Committee
What this bill would do
The "Young Farmer Success Act" aims to amend the Higher Education Act of 1965. It seeks to include specific workers on farms or ranches as individuals employed in public service jobs. This change would make them eligible for loan forgiveness under the Federal Direct Loan program. To qualify, the individual must have a full-time job as an employee or manager of a qualified farm or ranch. A qualified farm or ranch is defined by its annual gross revenue from the sale of agricultural products.
Yes· 3 of 8
Would people in their twenties and thirties be better off under this?+5
The bill specifically assists younger workers entering the agricultural workforce by providing a mechanism for student loan relief.
Does this reduce what student borrowers owe or repay?+5
The bill expands eligibility for student loan forgiveness to include full-time employees and managers of qualified farms and ranches.
Would farmers be better off under this?+4
The bill helps farm owners by providing a mechanism to attract and retain full-time employees and managers through loan forgiveness incentives.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Student Loan Forgiveness Eligibility: Individuals working full-time as employees or managers of a qualified farm or ranch would be considered as having public service jobs for the purposes of loan forgiveness under the Federal Direct Loan program (Section 2(a)).
-
Economic Protection against Inflation: The definition of a qualified farm or ranch allows the gross revenue threshold to increase in succeeding years based on the estimated percentage change in the Consumer Price Index (Section 2(b)).
Potential Negative Impacts for People
- Revenue Threshold Requirements: For a farm or ranch to be considered "qualified," it must meet specific gross revenue requirements from the sale of agricultural products, starting at $35,000 for the year 2026 (Section 2(b)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Young Adults+5Good For Farmers+4Good For Rural Residents+4Good For Low Income Households+3Good For Middle Class Households+2
- Education And Technology
- Improves Student Loan Relief+5
- Environment Energy And Infrastructure
- Improves Rural Development+4
- Social Issues And Justice
- Improves Poverty Reduction+3
- 8/3/2026
- 1 Cosponsor added.
- 7/27/2026
- Referred to the House Committee on Education and Workforce.
- 3 Cosponsors added.
- Introduced in House
2 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Nikki BudzinskiDemocrat · Illinois
Joe CourtneyDemocrat · Connecticut
Monica De La CruzRepublican · Texas
James GallagherRepublican · California