Trump orders the cancellation of a student loan for disabled veterans

President Trump on Wednesday signed a move to remove bureaucratic barriers for veterans with disabilities for life to qualify for a student loan waiver, saving an average of 25,000 injured warriors – $ 30,000. .

The deployment of the executive action took place at the National Congress of American Veterans in Louisville, Kentucky, where Betsy DeVos, secretary of education and deputy secretary of the Ministry of Foreign Affairs. veterans, joined Mr. Trump on the stage. James Byrne.

"I am proud to announce that I am taking steps to ensure that our wounded warriors do not face mountains of student debt," said Trump. "They made a sacrifice that is so great, and they are incredible people, and they never complain, they never complain, it's hundreds of millions of dollars of student debt held by our warriors seriously. He's gone forever. "

The savings projected by the Trump administration represent a small fraction of about $ 1.6 trillion in global debt in the US in the form of student loans, which has become a priority for many Democrats who run for president.

According to the White House, 50,000 veterans of the country with permanent disabilities qualify for relief under a debt cancellation program, but only half of them qualified because of the heaviness their requirements.

The executive action signed by Mr. Trump is asking the Department of Education and the Department of Veterans Affairs to simplify the process to speed up applications. The president said that disabled veterans would not be subject to federal income tax on canceled debt, and he called on 50 states to provide the same relief.

"This is very important," said Trump.

Some critics of the administration, however, claimed that Ms. DeVos hindered the process.

In In a letter to Ms. DeVos in May, the attorneys general of 51 states and territories said the education department was not doing enough to ease the debt burden of disabled veterans in college and that the department of education was too hooked to the tax. consequences of the cancellation of the debt of studies.