President Trump signed an executive order to make it easier for disabled veterans to receive student loan forgiveness.
Share to twitterUS President Donald Trump sign a Presidential Memorandum on Discharging the Federal Student Loan Debt of Totally and Permanently Disabled Veterans, at the American Veterans 75th National Convention in Louisville, Kentucky on August 21, 2019. Photo credit: AFP/Getty ImagesPresident Trump signed an executive order today that will make it easier for disabled veterans to receive student loan forgiveness.
While student loan discharge for disabled veterans is not a new program, less than half of the nation's 50,000 disabled veterans have received a student loan discharge due to a complicated application process. Today's executive order hopes to simplify and expedite the process so that more disabled veterans can have their federal student loans discharged. The U.S. Department of Education says it plans to notify more than 25,000 eligible veterans about student loan discharge.
"Supporting and caring for those who have sacrificed much in service to our country is a priority for President Trump and the entire Administration," U.S. Secretary of Education Betsy DeVos said."I appreciate the President's strong leadership on this issue and his willingness to provide much-needed student loan relief. We will continue to prioritize the needs of our nation's veterans and provide them the help and support they have earned and deserve.
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