Student Loans Will Be Waived For Thousands Of Disabled Americans
$7.7 billion of student debt will be waived for the nation's most severely disabled.By Katie Link | April 12, 2016
Nearly 400,000 permanently disabled Americans will soon receive a note in the mail from the Obama administration offering to dissolve their student loans.
In total, the U.S. Department of Education will waive $7.7 billion of debt in a move to help the nation’s most severely disabled.
The Obama administration has been working toward this for years by making it easier for some to receive the benefit, but according to a spokesman from the Department of Education, "Too many eligible borrowers were falling through the cracks, unaware they were eligible for relief."