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    Home»Politics»President Trump Signs Executive Order Cancelling All Student Debt Owed By Disabled Veterans
    Politics

    President Trump Signs Executive Order Cancelling All Student Debt Owed By Disabled Veterans

    By Daniel Fleming2 Mins Read
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    <> on January 10, 2018 in Washington, DC.
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    President Trump once again goes the extra mile for our vets.

    The vets that all other presidents, Republican and Democrat have betrayed numerous times.

    He has issued an Executive order that forgives all student loan debts for disabled veterans.

    After all, they really don’t owe us, we owe them more than we can ever repay.

    They have sacrificed their health for us. This is the least we can do.

    I wonder which one of the Squad will be the first to condemn this move and which Democratic candidates will criticize it.

    Trump has proven himself to be pro-veteran, something other presidents have ignored.

    From Fox News

    President Trump signed an executive order on Wednesday that forgives all student loan debt for any permanently disabled U.S. military veterans.

    The order, which Trump signed following a speech at the American Veterans National Convention in Louisville, Ky., also clears those eligible veterans from having to pay any federal income tax on the loans. Trump added that he is pressuring individual states to follow suit.

    “The debt of these disabled veterans will be completely erased,” Trump said. “That’s hundreds of millions of dollars of student loans debt for our disabled veterans that will be completely erased.”

     

    It was my honor to sign a Presidential Memorandum facilitating the cancellation of student loan debt for 25K of our most severely disabled Veterans. With today’s order, we express the everlasting love & loyalty of a truly grateful Nation. God bless our Vets, & God Bless America! pic.twitter.com/MMMsX3RDQM

    — Donald J. Trump (@realDonaldTrump) August 22, 2019

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

    Under the current process, disabled veterans can have their debt forgiven under a loan forgiveness program, called Total and Permanent Disability Discharge, or TPD, as long as they have a VA service-connected disability rating of 100 percent. As of July, however, only about 20 percent of the eligible pool of veterans had taken advantage of the program due to the complicated nature of the application and other factors.

    disabled vets forgiven President Trump student loans
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