To: bart13 who wrote (118125 ) 4/14/2016 6:50:15 PM From: bart13 Respond to Hillary needs to get the college vote and those who have graduated in the last few years with heavy non-payable education debt to eliminate Bernie. Sorry Bernie, here goes all your kids and their parents and whomever else might be held liable for debts assumed by someone not 18 or 21, depending on what state you live in. It Begins: Obama Forgives Student Debt Of 400,000 Americans Tyler Durden on 04/13/2016 08:01 -0400 Joining the ranks of “broke lawyers” who can cancel their student debt, “Americans with disabilities have a right to student loan relief,” now according to Ted Mitchell, the undersecretary of education, said in a statement. Almost 400,000 student loan borrowers will now have an easier path to a debt bailout as Obama primes the populist voting pump just in time for the elections. On top of “the student loan bubble’s dirty little secret,” here is another round of student debt relief…as MarketWatch reports, The Department of Education will send letters to 387,000 people they’ve identified as being eligible for a total and permanent disability discharge, a designation that allows federal student loan borrowers who can’t work because of a disability to have their loans forgiven. The borrowers identified by the Department won’t have to go through the typical application process for receiving a disability discharge, which requires sending in documented proof of their disability. Instead, the borrower will simply have to sign and return the completed application enclosed in the letter. If every borrower identified by the Department decides to have his or her debt forgiven, the government will end up discharging more than $7.7 billion in debt, according to the Department. “Americans with disabilities have a right to student loan relief,” Ted Mitchell, the undersecretary of education, said in a statement. “And we need to make it easier, not harder, for them to receive the benefits they are due.” More at zerohedge.com
