President Donald Trump on Wednesday directed the training Department to more easily forgive the federal student education loans owed by veterans with disabilities, building a move Education Secretary Betsy DeVos had resisted for months.
Veterans as well as other education loan borrowers who will be “totally and permanently” disabled are entitled under current legislation to possess their federal student education loans canceled by the Education Department. Nevertheless they previously had to fill in documents to own their loans released — an obstacle that is bureaucratic veterans’ advocates slammed as too burdensome for numerous severely disabled veterans.
Trump stated he had been “taking executive action to make sure that our wounded warriors aren’t saddled with hills of student financial obligation, ” vowing to “eliminate every penny of federal education loan financial obligation owed by American veterans who will be entirely and completely disabled. Read more