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A program to offer student debt assistance to young farmers and ranchers in Montana was signed into law on May 10, and will encourage young people to pursue a career in agriculture, Montana’s leading industry.

HB 431, which will create a student loan debt assistance program to aid young farmers and ranchers in paying off up to 50 percent of their student loans when they commit to at least 5 years of farming or ranching. Students must have graduated from a Montana University System university or college to qualify.