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U.S. Department of Education Discharges Student Loans

Photo of a woman looking at a laptop. She is using a wheelchair. Photo by Marcus Aurelius from Pexels.
Photo by Marcus Aurelius from Pexels

On August 19, 2021, the U.S. Department of Education announced that 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. 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.

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