AMERICAN HEROES: President Trump Signs Executive Order Forgiving Student Debt for Disabled Veterans
President Trump signed an Executive Order Thursday cancelling student debt for permanently disabled veterans; effectively forgiving loans for more than 25,000 Americans.
“The order, which Trump signed following a speech at the American Veterans National Convention in Louisville, Ky., also clears those eligible veterans from having to pay any federal income tax on the loans. Trump added that he is pressuring individual states to follow suit,” reports Fox News.
“The debt of these disabled veterans will be completely erased,” Trump said. “That’s hundreds of millions of dollars of student loans debt for our disabled veterans that will be completely erased.”
It was my honor to sign a Presidential Memorandum facilitating the cancellation of student loan debt for 25K of our most severely disabled Veterans. With today’s order, we express the everlasting love & loyalty of a truly grateful Nation. God bless our Vets, & God Bless America! pic.twitter.com/MMMsX3RDQM
— Donald J. Trump (@realDonaldTrump) August 22, 2019
“It was my honor to sign a Presidential Memorandum facilitating the cancellation of student loan debt for 25K of our most severely disabled Veterans. With today’s order, we express the everlasting love & loyalty of a truly grateful Nation. God bless our Vets, & God Bless America!” Trump tweeted.
“Trump’s announcement comes days after the administration hired a longtime student loan industry executive to be the federal government’s top watchdog for the student loan market. Robert Cameron will serve as the Consumer Financial Protection Bureau’s new student loan ombudsman, the bureau said Friday,” adds Fox.
Read the full report here.
Nine Line Apparel Honored our Heroes in a VERY Cool Way
A group of our nation’s veterans decided to honor their fallen brothers and sisters in a very American way over Memorial Day Weekend.
Veteran-owned, Nine Line Apparel teamed up with 11 other companies—including Black Rifle Coffee Company—to sponsor Jeffrey Earnhardt’s car in the Coca Cola 600 in North Carolina. The names of 617 fallen service members were emblazoned on the hood of Earnhardt’s car.
In the lead-up to the race, Nine Line Apparel sold a t-shirt to benefit the non-profit, Angels of America’s Fallen, which provides support to children of fallen military members and first responders. With each purchase of a t-shirt, customers were encouraged to submit a name of a fallen service member to be included on the hood of Earnhardt’s car.
On Sunday, Earnhardt and retired Army captain and CEO of Nine Line, Tyler Merritt, presented Angels of America’s Fallen with a check for $ 15,000.
Angels of America’s Fallen CEO, Joe Lewis told Fox News, “It brings awareness to the fact that there are thousands of children of our fallen that are out there trying to go through their childhood, the most crucial…years without the support or guidance of their parent. It’s really important that as a nation we help those children mitigate the risks they face of increased anxiety, depressions, substance abuse, dropping out of school and even suicide.”