President Trump signed an executive order on Wednesday that forgives all student loan debt for any permanently disabled U.S. military veterans.
The order, which Trump signed following a speech at the American Veterans National Convention in Louisville, Ky., also clears those eligible veterans from having to pay any federal income tax on the loans. Trump added that he is pressuring individual states to follow suit.
MEMORANDUM FOR THE SECRETARY OF EDUCATION
THE SECRETARY OF VETERANS AFFAIRS
SUBJECT: Discharging the Federal Student Loan Debt of Totally and Permanently Disabled Veterans
Since our Founding, the United States has been blessed with men and women willing to serve in defense of our Nation and our ideals. Many of those answering the call to serve make the ultimate sacrifice for their country, and many others carry physical and emotional scars for the rest of their lives.