Obama Plans To Forgive Billions In Student Loans Owed By Permanently Disabled

2016-04-14 34

The Obama administration has announced that it will proactively notify nearly 400,000 permanently disabled people about being eligible to have their student loans discharged; the total amount to be forgiven is estimated to be around $7.7 billion.

Student loans are notoriously hard to discharge, but one group will now have an easier time getting rid of this debt. 

A report by the Washington Post states that “The Obama administration plans to forgive $7.7 billion in federal student loans held by nearly 400,000 permanently disabled Americans.” 
The U.S. Department of Education issued a pr