The Education Department said Thursday it will automatically discharge loans for borrowers with total and permanent disabilities by matching borrower files with Social Security Administration records.
Under a previous program for loan forgiveness, the Education Department said “if you’re eligible for Social Security Disability Insurance or Supplemental Security Income, you can qualify for a TPD discharge if you provide a copy of your SSA notice of award or Benefits Planning Query showing that your next scheduled disability review will be five to seven years or more from the date of your last SSA disability determination.”
It’s not clear what this new plan actually means. There is no longer a need to prove eligibility beyond SS records. Do they really mean T&P?
The thing is you do not have to be permanently disabled to get Social Security Disability benefits, but there is a 12-month durational requirement. In fact, your disability does not have to be total, it’s based on your ability to do your regular job.
So it would appear that anyone who is receiving Social Security based on disability will have their loans forgiven. This remands me of Florida where if you have a disability sticker on your car you get to park for free… no criteria required.
Basing this loan forgiveness on Social Security records likely means their are no other requirements, like other sources on non-work income, assets, net worth, etc. Nothing seems to matter other than the fallacy politicians select to use at the moment.
Why can’t we focus our tax dollars on those Americans truly in need of society’s assistance?