Education Department eliminates $5.8 billion in student loan debt for some disabled borrowers
CNN
The US Education Department announced Thursday it will cancel $5.8 billion in outstanding student loans for borrowers who are unable to work because of permanent disabilities.
More than 320,000 "total and permanent disability" borrowers will benefit from the move, the agency said in a press release, and hurdles for relief will become automatic for those who qualify moving forward. "Today's action removes a major barrier that prevented far too many borrowers with disabilities from receiving the total and permanent disability discharges they are entitled to under the law," Education Secretary Miguel Cardona said in a statement.
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