Obama to forgive the student debt of permanently disabled people

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[h=1]Obama to forgive the student debt of permanently disabled people[/h]
The Obama administration plans to forgive $7.7 billion in federal student loans held by nearly 400,000 permanently disabled Americans.


By law, anyone with a severe disability is eligible to have the government discharge their federal student loans. The administration took steps four years ago to make the process easier by letting people who are totally and permanently disabled use their Social Security designation to apply for a discharge, but few took advantage. The Department of Education is now taking it upon itself to identify eligible borrowers and guide them through the steps to discharge their loans.


“Too many eligible borrowers were falling through the cracks, unaware they were eligible for relief,” said Education Under Secretary Ted Mitchell in a statement. “Americans with disabilities have a right to student loan relief. And we need to make it easier, not harder, for them to receive the benefits they are due.”


https://www.washingtonpost.com/news...-student-debt-of-permanently-disabled-people/

Is being a liberal considered a disability???


Obama pissing away tax money again that we don't have.
 
Aw, you poor thing.

I think they spent that amount in the average week during the Iraq War. Didn't see too many threads from you on that one.

If we killed the disabled as well, I would probably not be so pissed off. Most are useless anyway....
 
If we killed the disabled as well, I would probably not be so pissed off. Most are useless anyway....

You are a pathetic human being. If their debt is forgiven they can spend more on their care and also in the economy.

Thing is right, more was spent in a week of Iraq than this. People like you make the world a sad place.
 
[h=1]Obama to forgive the student debt of permanently disabled people[/h]
The Obama administration plans to forgive $7.7 billion in federal student loans held by nearly 400,000 permanently disabled Americans.


By law, anyone with a severe disability is eligible to have the government discharge their federal student loans. The administration took steps four years ago to make the process easier by letting people who are totally and permanently disabled use their Social Security designation to apply for a discharge, but few took advantage. The Department of Education is now taking it upon itself to identify eligible borrowers and guide them through the steps to discharge their loans.


“Too many eligible borrowers were falling through the cracks, unaware they were eligible for relief,” said Education Under Secretary Ted Mitchell in a statement. “Americans with disabilities have a right to student loan relief. And we need to make it easier, not harder, for them to receive the benefits they are due.”


https://www.washingtonpost.com/news...-student-debt-of-permanently-disabled-people/

Is being a liberal considered a disability???


Obama pissing away tax money again that we don't have.
Well hell to bad you're not a student. With your mental disability you could have had a free education. Don't know what good an education would do for a retard like you but hey...what the hell.
 
all student debt needs to be forgiven. The taxpayer takes in on the chin but we need to do it. The economy cant have any sort of velocity with all these cc and student loan debt.
 
all student debt needs to be forgiven. The taxpayer takes in on the chin but we need to do it. The economy cant have any sort of velocity with all these cc and student loan debt.

I'm sure it would seem crazy to many to do that - but the return on investment would be absolutely huge. I'd be surprised if it didn't pay itself back several times over.
 
all student debt needs to be forgiven. The taxpayer takes in on the chin but we need to do it. The economy cant have any sort of velocity with all these cc and student loan debt.

You crazy liberals want to throw personal responsibility right out the window.
 
You crazy liberals want to throw personal responsibility right out the window.

What about offshoring money to avoid paying taxes on it that the Republicans are so fond of? The taxes on that could wipe out the debt without touching personal income taxes at all. What about corporate responsibility?
 
What about offshoring money to avoid paying taxes on it that the Republicans are so fond of? The taxes on that could wipe out the debt without touching personal income taxes at all. What about corporate responsibility?

Something new for me to study
 
What about offshoring money to avoid paying taxes on it that the Republicans are so fond of? The taxes on that could wipe out the debt without touching personal income taxes at all. What about corporate responsibility?

There is $2 trillion in profits overseas. The debt is $19 trillion. Is this common core math you're using here?
 
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