A pair of studies have pointed out the financial hardships that student‐veterans face when transitioning to higher education, even when utilizing the GI Bill. One study , done by the Pew Charitable Trusts, found that student‐veterans may take out more student loans to cover gaps between the ...
Your loans may also qualify for forgiveness underborrower defense to repayment. This applies to borrowers who can prove they have been misled or told misinformation by their schools. Misinformation could be in relation to educational programs or their loans. Unlawful conduct by the school can also ...
- 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...
Veterans should also explore their options. Eligible veterans may qualify for GI Bill funds to subsidize apprenticeships and vocational training at approved programs in certain industries. Since many apprentices receive 50% pay or less during their vocational training, this GI Bill benefi...
Service connected disability (for veterans) Total and permanent disability Spouse of a victim of the events of 9/11 Note that the bankruptcy discharge approval is rare. It’s only applicable if proof of undue hardship from the payments is shown. ...
veterans to attend college for free or for very cheap. 1958 Federal student loans are first offered under the National Defense Education Act 1965 The Higher Education Act is established to provide “Educational Opportunity Grants” to colleges recruiting students with considerable financial need. ...
U.S. military personnel and veterans in the Army, Navy, Air Force, National Guard and Coast Guard may qualify for their own loan forgiveness programs. In the National Guard, for example, qualifying soldiers and officers could receive up to $50,000 to pay off federal student loans. » MOR...
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 loan repayment. The blog is currently authored by ...
But the streamlined process may still be challenging for some disabled veterans, say, those with traumatic brain injuries, Wofford said. An automatic discharge would be even better. "It would be nice if the letter just said: 'You are no longer responsible for your loans. Thank you for your...
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 ...