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Obama Is Forgiving the Student Loans of Nearly 400,000 Permanently Disabled People (marketwatch.com)

An anonymous reader writes: Hundreds of thousands of student loan borrowers will now have an easier path to getting their loans discharged, the Obama administration has announced. The Department of Education will send letters to 387,000 people they've identified as being eligible for a total and permanent disability discharge, a designation that allows federal student loan borrowers who can't work because of a disability to have their loans forgiven. The borrowers identified by the Department won't have to go through the typical application process for receiving a disability discharge, which requires sending in documented proof of their disability. Instead, the borrower will simply have to sign and return the completed application enclosed in the letter.

1 of 406 comments (clear)

  1. Re:Generous with OTHER PEOPLE'S money by squiggleslash · · Score: 0, Troll

    It's my money and yeah I have no objection to it being spent this way, as opposed to much of the rest of the time when it's being spent on killing people, persecuting people for victimless crimes, and so on.

    Money for actually helping people who are having real problems through no fault of their own? That sounds laudable to me.

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