Home News Trump eases student loan forgiveness for disabled veterans – Politico

Trump eases student loan forgiveness for disabled veterans – Politico

8
0

President Donald Trump on Wednesday directed the Education Department to more easily forgive the federal student loans owed by veterans with disabilities, making a move Education Secretary Betsy DeVos had resisted for months.

Veterans and other student loan borrowers who are “totally and permanently” disabled are entitled under existing law to have their federal student loans canceled by the Education Department. But they previously had to fill out paperwork to have their loans discharged — a bureaucratic obstacle that veterans’ advocates slammed as too burdensome for many severely disabled veterans.

Trump said he was “taking executive action to ensure that our wounded warriors are not saddled with mountains of student debt,” vowing to “eliminate every penny of federal student loan debt owed by American veterans who are completely and permanently disabled.”

“The debt of these disabled veterans will be entirely erased,” Trump said during remarks at a veterans convention in Louisville, Ky. “It will be gone.”

View Original Source

(8)

tags:

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *