By Darlene SupervilleThe Associated PressLOUISVILLE, Ky. — Hundreds of millions of dollars in federal student loan debt owed by tens of thousands of disabled military veterans will be erased under a directive President Donald Trump signed Wednesday. Trump ordered the Education Department to “eliminate every penny of federal student loan debt” owed by American veterans who are completely and permanently disabled. Trump said they won’t have to pay federal income tax on the forgiven debt and called on states to waive their taxes on the loans, too. America, he said, owes its heroes “a supreme debt of gratitude.” Trump’s announcement at the AMVETS national convention in Louisville elicited a loud round of applause from the crowd of more than 2,500 veterans.
Trump Signs Student Debt Forgiveness For Disabled Vets
NewsOK.com RSS - business >> !The Oklahoman, Daily Oklahoman: Business
Wed, 08/21/2019 - 6:22pm
BING NEWS:
- Beware of scams promising to reduce student debt by enrolling in loan forgiveness programs
The Better Business Bureau encourages graduates to carefully research trustworthy sources related to federal repayment plans for student loans.
04/25/2024 - 11:05 pm | View Link - Student loan forgiveness: Here’s how many N.Y. borrowers qualify for debt relief
Those who are eligible began receiving emails earlier this month informing them of their approval, and relief will be processed in the coming weeks.
04/25/2024 - 3:33 am | View Link - Biden's piecemeal student debt forgiveness 'transformational' for borrowers, advocates say
It has been less than a year since the U.S. Supreme Court blocked President Joe Biden's student loan forgiveness plan.
04/24/2024 - 12:58 am | View Link - More
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