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Thu Aug 22, 2019, 05:25 AM

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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Arrow 7 replies Author Time Post
Reply Trump signs memo to eliminate disabled veterans' student loan debt (Original post)
nitpicker Aug 2019 OP
Bob Loblaw Aug 2019 #1
handmade34 Aug 2019 #3
underpants Aug 2019 #2
2naSalit Aug 2019 #4
white cloud Aug 2019 #5
white cloud Aug 2019 #6
white cloud Aug 2019 #7

Response to nitpicker (Original post)

Thu Aug 22, 2019, 06:12 AM

1. All I could see of the title was

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

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Response to Bob Loblaw (Reply #1)

Thu Aug 22, 2019, 06:32 AM

3. I thought even this...

"Trump signs memo to eliminate disabled veterans"

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Response to nitpicker (Original post)

Thu Aug 22, 2019, 06:29 AM

2. Ok that's a ✅

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

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Response to nitpicker (Original post)

Thu Aug 22, 2019, 08:27 AM

4. That's something which already exists

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.

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Response to nitpicker (Original post)

Fri Aug 23, 2019, 01:02 AM

5. Another Capatin Bone Spur BS

Last edited Sat Aug 24, 2019, 09:05 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/

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Response to white cloud (Reply #5)

Sun Aug 25, 2019, 02:25 PM

6. U.S. Rep. Conor Lamb still wants bill passed on forgiving disabled vets' student loans after Preside

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

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Response to white cloud (Reply #6)

Mon Aug 26, 2019, 12:38 PM

7. Trump Making Fake News on Student Loans


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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