Student loan debt held by some disabled veterans will be forgiven, under an order signed, Wednesday, August 21, by President Donald Trump. Addressing a veterans convention in Louisville, Kentucky, Trump said the order would direct the Department of Education to "eliminate every penny of federal student loan debt owed by American veterans who are completely and permanently disabled."
Trump said there will be no federal income tax on the forgiven debts, adding that he'll also ask states to waive their taxes on the loans. (AP)
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