Trump Signs Student Debt Forgiveness for Disabled Vets in Kentucky

Student loan debt held by disabled veterans will be forgiven under an order signed Wednesday by President Donald Trump.

Trump said the order would direct the Department of Education to “eliminate every penny of federal student loan debt” owed by American veterans who are completely and permanently disabled.

“There will be no federal income tax on the forgiven debts,” Trump said, saying he’ll also ask states to waive their taxes on the loans. America, he said, owes its heroes “a supreme debt of gratitude.”

The administration says just half of the roughly 50,000 disabled veterans who are qualified to have their federal student loan debt forgiven have received the benefit because of a burdensome application process. Trump issued the order during his address at the AMVETS convention in Louisville and signed it afterward.

The document directs the government to develop an “expedited” process so veterans can have their federal student loan debt discharged “with minimal burdens.”

Trump was visiting Kentucky to speak to more than 2,500 veterans at the nonpartisan service organization, also known as American Veterans.

Trump also was expected to headline a Louisville fundraiser for Republican Gov. Matt Bevin’s reelection effort.

Bevin is running against Democratic state Attorney General Andy Beshear in what’s shaping up to be a close November election.

Bevin plays up his Trump ties in pitching for a second term. Trump recently promised to hold a campaign rally for Bevin.

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[icuamerica]

Why do people settle for slop when quality is available? Is freedom i being sold to the highest bidder. Trump is auctioning america.

[barbarastaton]

That program already existed, it's called Total and Permanent Disability (TPD) Discharge. It's not something new he's just thought up for veterans. He's, as usual, taking credit for someone else's work.

[nh]

Vets get free college money already...and its free while on active duty. So, this really isnt a big deal. Effects a real small percent of vets. How about getting rid of property tax for real estate? I mean, If you buy a house then you still have to keep paying?

[MichiganUSASingaporeSEAsia]

Live in Kalamazoo Michigan and get 💯 % of it paid. It’s called “ Kalamazoo Promise “ program. You can even use it for private colleges.. do not need to be an American either.

[GetReadyLiftOff]

Vets don’t have to wait for appt anymore, they just go and bill is paid.

[icuamerica]

There is no such thing as a temporary disability with student loans, otherwise you would have to pay back later on .

[drummer]

Not sure what this is all about; totally disabled vets have been eligible for total student loans debt forgiveness for years.🤷‍♂️

[theworkerhours]

Wall Street and the wealthiest will pay for it. simple

[KevinRodriguez-ncmg]

GI bill pay for there debt stop pretending you did something forgive all student loan

[kobeburrows]

It's funny how he sign debt forgiveness for people who he don't care about.

[yadigjamesgang-xsjj]

His appointment of Judges alone would make his first term worthwhile as far as the continued prosperity and sanctimony of the United States of America goes.

[jeanclaudejunior]

Vote out that traitor! Blue wave 2020! Impeach that MF ASAP

[andytranca]

We wish you four more years. You are the best Mr. Prestident.