Connect with us

Conservatism

Why forgiving student loan debt for disabled veterans makes sense

Published

on

Why forgiving student loan debt for disabled veterans makes sense

The cries are already coming in from the purist wing of the conservative movement as President Trump signs an executive order forgiving student loan debt for permanently disabled veterans. They’re saying this is a precursor to student loan forgiveness across the board. They say this opens the door for a future Democratic President to do the same thing, only so widespread it’ll damage not only the country but forever change the way education is handled in America.

But there’s one important caveat about forgiving student loan debt for permanently disabled veterans that reactionary conservatives missed. It was already done. This isn’t introducing a new stance on student loans. It’s expediting the process because as of now, about 1/5th of the eligible veterans are taking advantage of it.

Trump signs executive order cancelling student loan debt for disabled veterans

The memo Trump signed directs the government to develop an “expedited” process so veterans can have their federal student loan debt discharged “with minimal burdens.” Currently, just half of the roughly 50,000 disabled veterans who are qualified to have their federal student loan debt forgiven have received the benefit because of a burdensome application process.

Under the current process, disabled veterans can have their debt forgiven under a loan forgiveness program, called Total and Permanent Disability Discharge, or TPD, as long as they have a VA service-connected disability rating of 100 percent. As of July, however, only about 20 percent of the eligible pool of veterans had taken advantage of the program due to the complicated nature of the application and other factors.

This is a political move that will affect thousands of Americans at a relatively low cost, especially when compared to the hundreds of billions of dollars worth of loan forgiveness being proposed by many Democrats.

But the bigger reason nobody should be balking at this is because these are people who have served their country and are actually deserving of the “free stuff” offers being made to everyone by Democrats. And by “everyone,” I mean literally everyone. Democrats want free education for illegal immigrants, and some are balking because the President wants permanently disabled veterans to have their loans forgiven? Fiscal conservatives (of which I am one) need to find another battle to fight.

This is a smart move by the President and turns the chants of “free college for everyone” by Democrats on its head. Loan forgiveness for permanently disabled veterans is pittance compared to the sacrifices they’ve made for this country.

We are currently forming the American Conservative Movement. If you are interested in learning more, we will be sending out information in a few weeks.

American Conservative Movement


Facebook

Trending