“Led by Veterans Education Success, a bipartisan group dedicated to ensuring career and education success for military families, a collection of 22 veterans groups has sent a letter to Education Secretary Betsy DeVos. The letter urges her to direct the Department of Education (DoE) to follow an executive order signed by President Donald Trump that ordered the department to forgive all outstanding student loans held by permanently and totally disabled veterans.
More than 40,000 severely disabled veterans are still waiting on the DoE to automatically forgive their student loan debts, as directed by the administration. The average loan balance eligible for forgiveness is around $30,000. Of those 40,000 veterans, more than 25,000 are in default on their loans and face collection actions, including withholding of federal and civilian pay, disability benefits and tax refunds; bad credit reports; and other financial hardships.”
Read the full story by Military.com, “Veterans Groups Want Government to Expedite Forgiveness of Student Loans” published January 28, 2020.