"Trump eases student loan forgiveness for disabled veterans"
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.”The move will wipe out “hundreds of millions” in student loan debt owed by more than 25,000 disabled veterans, Trump said. The average amount forgiven would be about $30,000, he said."
"Trump signs executive order cancelling student loan debt for disabled veterans."
"President Trump signed an executive order on Wednesday that forgives all student loan debt for any permanently disabled U.S. military veterans. The order, which Trump signed following a speech at the American Veterans National Convention in Louisville, Ky., also clears those eligible veterans from having to pay any federal income tax on the loans. Trump added that he is pressuring individual states to follow suit. “The debt of these disabled veterans will be completely erased,” Trump said. “That’s hundreds of millions of dollars of student loans debt for our disabled veterans that will be completely erased.”
Have to be amused by the title difference. Now that the taxes associated with the debt elimination have been addressed the President was able to go ahead with the order.
