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nitpicker

(7,153 posts)
Thu Aug 22, 2019, 04:25 AM Aug 2019

Trump signs memo to eliminate disabled veterans' student loan debt

https://www.cbsnews.com/news/trump-signs-memo-to-eliminate-disabled-veterans-student-loan-debt/

Trump signs memo to eliminate disabled veterans' student loan debt

By Kathryn Watson

August 21, 2019 / 4:05 PM/ CBS News

President Trump has signed a memorandum directing the Department of Education to forgive all federal student loan debt owed by veterans who are "completely and permanently" disabled.

The policy change will eliminate "hundreds of millions of dollars" of student loan debt, Mr. Trump said in announcing the memo at a speech to the American Veterans 75th National Convention in Louisville, Kentucky. The memo Mr. Trump signed on stage Wednesday directs Education Secretary Betsy DeVos and Veterans Affairs Secretary Robert Wilkie to create an expedited process to make sure those veterans have their debt discharged with minimal burdens, according to the White House.

(snip)
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Trump signs memo to eliminate disabled veterans' student loan debt (Original Post) nitpicker Aug 2019 OP
All I could see of the title was Bob Loblaw Aug 2019 #1
I thought even this... handmade34 Aug 2019 #3
Ok that's a ✅ underpants Aug 2019 #2
That's something which already exists 2naSalit Aug 2019 #4
Another Capatin Bone Spur BS white cloud Aug 2019 #5
U.S. Rep. Conor Lamb still wants bill passed on forgiving disabled vets' student loans after Preside white cloud Aug 2019 #6
Trump Making Fake News on Student Loans white cloud Aug 2019 #7

Bob Loblaw

(1,900 posts)
1. All I could see of the title was
Thu Aug 22, 2019, 05:12 AM
Aug 2019

Trump signs memo to eliminate disabled. I was wondering when he would get around to that.

underpants

(186,377 posts)
2. Ok that's a ✅
Thu Aug 22, 2019, 05:29 AM
Aug 2019

But I did see one comment that said "I liked it the first time I saw it when it was called the GI Bill"

2naSalit

(92,318 posts)
4. That's something which already exists
Thu Aug 22, 2019, 07:27 AM
Aug 2019

for disabled persons, veterans or not. He didn't do anything for them, this is discharge of student loan debt which I have as a disabled person and NOT a veteran so that was a crock of poo.

white cloud

(2,567 posts)
5. Another Capatin Bone Spur BS
Fri Aug 23, 2019, 12:02 AM
Aug 2019

Last edited Sat Aug 24, 2019, 08:05 PM - Edit history (1)

Veterans Eligible For Student Loan Discharge
The student loan forgiveness process is part of the Total Permanent Disability (TPD) discharge program. As part of The Higher Education Act of 1965 and subsequent amendments, totally and permanently disabled veterans were eligible for discharge of their federal student loans.
Generally, the following veterans were eligible for discharge:
100 percent regular schedular
100 percent Permanent and Total
100 percent Total Disability Individual Unemployability

These groups of veterans were able to secure forgiveness by submitting copies of the agency’s disability decision letter to a student loan processor. Eligible veterans are able to secure forgiveness of student loans without tax implications of the forgiveness.

The forms for forgiveness may not fully explain which veterans may be qualified for forgiveness, so be sure to call a TPD information hotline to see if you might qualify.
From DAV site newsletter


https://en.wikipedia.org/wiki/Higher_Education_Act_of_1965

https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/disability-discharge

https://www.woodslawyers.com/permanent-and-total-disability-va-benefits/

white cloud

(2,567 posts)
6. U.S. Rep. Conor Lamb still wants bill passed on forgiving disabled vets' student loans after Preside
Sun Aug 25, 2019, 01:25 PM
Aug 2019

U.S. Rep. Conor Lamb said Thursday that he was pleased with President Donald Trump’s executive action on eliminating student debt for disabled veterans, but vowed to continue pushing the bill on that same subject he co-introduced two months ago.


https://www.therecordherald.com/news/20190824/us-rep-conor-lamb-still-wants-bill-passed-on-forgiving-disabled-vets-student-loans-after-president-trump-signs-executive-order

white cloud

(2,567 posts)
7. Trump Making Fake News on Student Loans
Mon Aug 26, 2019, 11:38 AM
Aug 2019

On August 21, 2019, Donald Trump made some very cheap news. Across the mainstream media, we saw headlines including, “Trump orders cancellation of student loans for disabled vets“. This sounds great, except that it really isn’t.

For decades, the fact of the matter has been that anyone with a total and permanent disability determination—whether they are a veteran or not—can get their loans canceled. This is a well-established process and, by all accounts, it is relatively easy to do.
From the StudentAid.Ed.Gov page:


https://goodmenproject.com/featured-content/trump-making-fake-news-on-student-loans-lbkr/
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