Survey Finds Student Loan Debt Preventing New Farmers

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The National Young Farmers Coalition (NYFC) has released survey results showing that student loan debt is one of the key barriers preventing more would-be farmers and ranchers from entering agriculture. Farming Is Public Service: A Case for Adding Farmers to the Public Service Loan Forgiveness Program found that 30% of survey respondents delayed or declined to enter agriculture because of their student loans, while an additional 48% said student loans prevented them from growing their businesses or obtaining credit to invest in their farms.

Source: Weekly Harvest

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