College graduates who are pursuing careers in agriculture are in line for expanded student debt relief under a measure approved by Gov. Kathy Hochul.
The new measure is meant to give more students eligibility under a program meant to encourage young people to becomes farmers.
The law addresses eligibility for the New York State Young Farmers Loan Forgiveness Incentive Program. Previously, being able to apply for funds required an applicant to have graduated from college within the previous two years. The new law removes that eligibility requirement, replacing it with a qualification that an applicant must not have previously farmed for more than 10 consecutive years.
The move is meant to make more people eligible for a program that prov…
Read the full article at: https://www.ny1.com/nyc/all-boroughs/ny-state-of-politics/2022/11/28/new-law-will-provide-debt-relief-to-young-farmers-in-new-york