Tag: Department of Education

The U.S. Department of Education will automatically forgive federal student loans for approximately 323,000 borrowers with total and permanent disabilities, wiping out an estimated $5.8 billion in debt. This initiative, utilizing data from the Social Security Administration and the Department of Veterans Affairs, eliminates the previous application process. While a welcome relief, many disabled borrowers will still need to apply directly for discharge. Additionally, the Department is permanently pausing income requests for borrowers who qualify for a TPD