Are we closer to Jubilee?

Trump ends AMVETS speech by signing order to forgive student loan debt for disabled veterans

LOUISVILLE, Ky. —To cap his speech at the AMVETS National Convention in Louisville, President Donald Trump directed his administration to permanently forgive student loan debt held by disabled veterans.

In prepared remarks, Trump said his 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.”

The administration said 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.

The idea for the order came from a group of bipartisan attorneys general. CNN reported in May that while the student loans of disabled veterans are required to be discharged by law when they make the request, they wanted the loan discharges to be automatic.

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