Where Your Speech Is Free And Your Comment Is King - Post A Link

THE NEWS COMMENTER

VOTE  (0)  (0)

Trump signing order to wipe out student loan debt for disabled veterans


Added 08-21-19 03:22:02pm EST - “President Trump is signing an executive action Wednesday to wipe away federal student loan debt for tens of thousands of veterans who are 100% disabled.” - Washingtontimes.com

CLICK TO SHARE

Posted By TheNewsCommenter: From Washingtontimes.com: “Trump signing order to wipe out student loan debt for disabled veterans”. Below is an excerpt from the article.

President Trump is signing an executive action Wednesday to wipe away federal student loan debt for tens of thousands of veterans who are 100% disabled.

Mr. Trump is taking the action in a speech to the 75th annual American Veterans convention in Louisville, Kentucky. He said the memorandum directs the Education Department to eliminate “every penny” of student loan debt for those disabled veterans.

There are more than 40,000 veterans nationwide who qualify for debt forgiveness under action taken by the Departments of Education and Veterans Affairs last year. But only a fraction of those eligible has taken advantage of the program by applying for help.

Bipartisan legislation was introduced in June in Congress that would dismiss all federal student loan debt for eligible veterans, whether or not they applied for the program.

Copyright © 2019 The Washington Times, LLC. Click here for reprint permission.

Read more...

Post a comment.

CLICK TO SHARE

BACK TO THE HOME-PAGE