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President Obama Seeks To Forgive Student Loan Debt For Nearly 400,000 Disabled People!

Filed under: PolitikBarack ObamaBusiness Blitz

barack obama federal loan forgiveness

This is incredible!

Earlier this week, it was revealed that President Barack Obama and his administration are looking to forgive hundreds of thousands of people with disabilities from their student loan debt while still protecting their Social Security payments. Whoa.

Specifically, the Education Department announced that they've created a new process that'll better identify the thousands of people who qualify for a federal loan forgiveness program. Although, we should highlight, this big announcement is only for people who are permanently disabled and cannot work.

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Well that makes sense! Under Secretary of Education Ted Mitchell explained that many people have yet to take the government up on this option because they may not know about the program or view the application process as too difficult to figure out. He added:

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