- A Georgia man will spend years in prison for a fraud scheme that wiped out around $48 million in federal student loans for hundreds of borrowers that he claimed were disabled military veterans, officials say. Officials say 41-year-old De'reek Banks of Lithonia, Georgia operated a bus...
18 Celebrities With Student Loans View All 22 Slides Tags: student loans, student debt, paying for college, disability, veterans, debt, education About Student Loan Ranger Student Loan Ranger helps prospective and current students and recent graduates make sense of borrowing options, student debt and...
“The debt of these disabled veterans will be entirely erased. It will be gone. They will sleep well tonight,” Trump told a crowd of veterans at the annual AMVETS convention in Louisville, Ky. “That's hundreds of millions of dollars in student debt held by our severe...
"It's horrific," Wofford said "There are disabled veterans who served their country who are financially struggling — and sometimes destitute — who are legally entitled to have their student loans forgiven but it's not happening." Indeed, there are likely "tens of thousands" of severely disab...
U.S. Department of Veterans Affairs You can receive student loan discharge through the TPD Discharge Program directly through the Veterans Affairs Department as a military veteran. In this case, you can have your federal student loans discharged if one of the following applies:2 ...
If you are disabled, you may be eligible to get your federal student loans forgiven throughTotal and Permanent Disability discharge (TPD). In order to qualify, you would need to submit a TPD discharge application and provide additional documentation of your disability. You can get this documentati...
In 98% of cases in which loans were restored, it was because borrowers did not submit paperwork, not because their earnings were too high, the U.S. Government Accountability Office reported. The Trump administration started granting automatic loan cancellations to eligible military veterans in 2019...
Bill Would End Tax Penalty on Vets with Forgiven Student LoansA half-dozen veterans groups back legislation to stop the IRS from taxing forgiven student debt of deceased or disabled veterans.Sean OMelveny
harmed the credit of disabled borrowers, including severely injured veterans The CFPB also alleges that Navient improperly directed borrowers into forbearance when these borrowers otherwise might have qualified for income-driven forgiveness plans, and did not adequately keep borrowers in income-driven plans...
To qualify, borrowers must provide documentation from a physician or theDepartment of Veterans Affairs (VA)certifying their disability. This disability can be physical, mental, or a combination of both. Borrowers can apply for the discharge through the Department of Education's Total and Permanent ...