Veterans
Related: About this forumTrump 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.
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Bob Loblaw
(1,900 posts)Trump signs memo to eliminate disabled. I was wondering when he would get around to that.
handmade34
(22,888 posts)"Trump signs memo to eliminate disabled veterans"
underpants
(186,377 posts)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)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)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 agencys 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)U.S. Rep. Conor Lamb said Thursday that he was pleased with President Donald Trumps 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)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 isnt.
For decades, the fact of the matter has been that anyone with a total and permanent disability determinationwhether they are a veteran or notcan 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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