uodsp: FW: Over 323, 000 Federal Student Loan Borrowers to Receive $5.8 Billion in Automatic Total and Permanent Disability Discharges

[Heidi von Ravensberg]

FYI


From: U.S. Department of Education <ed.gov at public.govdelivery.com>
Sent: Thursday, August 19, 2021 8:22 AM
To: Heidi von Ravensberg <hvr at uoregon.edu>
Subject: Over 323,000 Federal Student Loan Borrowers to Receive $5.8 Billion in Automatic Total and Permanent Disability Discharges


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Over 323,000 Federal Student Loan Borrowers to Receive $5.8 Billion in Automatic Total and Permanent Disability Discharges<https://urldefense.com/v3/__https:/lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDIsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMTA4MTkuNDQ3NzE0NTEiLCJ1cmwiOiJodHRwczovL3d3dy5lZC5nb3YvbmV3cy9wcmVzcy1yZWxlYXNlcy9vdmVyLTMyMzAwMC1mZWRlcmFsLXN0dWRlbnQtbG9hbi1ib3Jyb3dlcnMtcmVjZWl2ZS01OC1iaWxsaW9uLWF1dG9tYXRpYy10b3RhbC1hbmQtcGVybWFuZW50LWRpc2FiaWxpdHktZGlzY2hhcmdlcz91dG1fY29udGVudD0mdXRtX21lZGl1bT1lbWFpbCZ1dG1fbmFtZT0mdXRtX3NvdXJjZT1nb3ZkZWxpdmVyeSZ1dG1fdGVybT0ifQ.VA-rgqtHd8zjcEO8H0Ib9SjJHPkbqlzCUm_8-pX70QI/s/702944357/br/111148811567-l__;!!C5qS4YX3!SmFvHwFIvRm4qwRtNlD4u-sRJ8wVUYm2CZpxqxluBZySX-cpxhDPrjOcqvbfusw$>
08/19/2021 10:50 AM EDT

Over 323,000 borrowers who have a total and permanent disability (TPD) will receive more than $5.8 billion in automatic student loan discharges due to a new regulation announced today by the U.S. Department of Education.  The change will apply to borrowers who are identified through an existing data match with the Social Security Administration (SSA). It will begin with the September quarterly match with SSA. The Department is also announcing two other policy items related to TPD today.

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