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General Category => Military/Defense News => Topic started by: mystery-ak on August 21, 2019, 11:17:49 pm

Title: Trump cancels student loan debt held by disabled veterans
Post by: mystery-ak on August 21, 2019, 11:17:49 pm

Trump cancels student loan debt held by disabled veterans
by Tim Pearce
 | August 21, 2019 03:44 PM

President Trump is canceling federal student loan debt held by disabled U.S. veterans.

Trump announced the new executive memorandum at a speech in front of the American Veterans organization in Louisville, Kentucky, on Wednesday.

"I am taking executive action to ensure that our wounded warriors are not saddled with mountains of student debt," Trump told an audience of veterans. He is ordering the Department of Education "to eliminate every penny of federal student loan debt owed by American veterans who are completely and permanently disabled."

The order will aid more than 25,000 eligible veterans holding roughly $30,000 worth of student loan debt, Trump said. No federal tax will be levied against the forgiven debts, and the president is pushing each state to waive state taxes on the benefit, as well.

more
https://www.washingtonexaminer.com/news/trump-cancels-student-loan-debt-held-by-disabled-veterans (https://www.washingtonexaminer.com/news/trump-cancels-student-loan-debt-held-by-disabled-veterans)

Title: Re: Trump cancels student loan debt held by disabled veterans
Post by: Maj. Bill Martin on August 23, 2019, 01:54:37 pm

I really like the idea...but does the President actually have the legal authority to do this?  I mean...could President Warren decide to waive student loan debt for everyone?

Title: Re: Trump cancels student loan debt held by disabled veterans
Post by: Bigun on August 23, 2019, 02:03:38 pm

Quote from: Maj. Bill Martin on August 23, 2019, 01:54:37 pm

I really like the idea...but does the President actually have the legal authority to do this?  I mean...could President Warren decide to waive student loan debt for everyone?

Of course he does! Obama was allowed to create DACA out of thin air so there are NO constraints now.  /s

Title: Re: Trump cancels student loan debt held by disabled veterans
Post by: GrouchoTex on August 23, 2019, 06:55:16 pm

I heard on the radio yesterday that permanently disabled veterans have 100% of tuition or occupational training covered already.
This came from former Navy SEAL, TX Congressman Dan Crenshaw.

Is this true?

How much does the GI bill cover now, for those not disabled?

Title: Re: Trump cancels student loan debt held by disabled veterans
Post by: corbe on August 23, 2019, 07:08:01 pm

   Thank You Mr. President, we owe these Disabled Veterans much, much more.

Title: Re: Trump cancels student loan debt held by disabled veterans
Post by: skeeter on August 23, 2019, 07:24:22 pm

Nice. If anyone deserves this they do.

Title: Re: Trump cancels student loan debt held by disabled veterans
Post by: roamer_1 on August 23, 2019, 10:33:18 pm

Quote from: corbe on August 23, 2019, 07:08:01 pm

   Thank You Mr. President, we owe these Disabled Veterans much, much more.

I am alright with it too.