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Trump Orders Student Loan Forgiveness for Disabled Veterans



President Trump said he would save 25,000 wounded warriors at an average of $ 30,000.

The rollout of the executive action occurred during the American Veterans National Convention in Louisville, Ky., Where Mr. Trump was joined onstage by Betsy DeVos, the education secretary, and the deputy secretary of the Department of Veterans Affairs, James Byrne .

"I am proud to announce that I am taking executive action to ensure that our wounded warriors are not saddled with student money," Mr. Trump said. "They have made a sacrifice that's so great. And they're such incredible people. And they never complain. They never complain. That's hundreds of millions of dollars in student debt held by our severely wounded warriors. It's gone forever. "

The savings projected by the Trump administration represents a small fraction of about $ 1.6 trillion in overall student loan debt in the United States, which has become a point of emphasis among many of the Democrats running for president.

While 50,000 permanent disabled veterans in the country are eligible for relief under a decade-old debt forgiveness program, only half of them have been qualified because of cumbersome requirements, according to the White House.

The executive action signed by Mr. Trump directs the Education Department and the Department of Veterans Affairs to simplify the process. The president said he would not have to pay the federal tax on the forgiven debt.

"So that's really big stuff," Mr. Trump said.

Some of the administration's critics, however, have said that Ms. DeVos has hindered the process.

In a letter sent to Ms. DeVos in May, the attorneys general for 51 states and territories said that the Education Department did not do much to help the Education Department What are you looking for?

"As a nation, we have a moral obligation to assist those who have made their lives on the line to defend us," the group wrote.


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