US President Donald Trump signed an executive order eliminating all student loan debt for "completely and permanently disabled" veterans at the American Veterans 75th National Convention in Louisville, Kentucky on Wednesday.

"Today I’m proud to announce that I am taking executive action to ensure that our wounded warriors are not saddled with mountains of student debt," he said. "In a few moments, I will sign a memorandum directing the department of education to eliminate every penny of federal student loan debt owed by American veterans who are completely and permanently disabled."

The move will forgive an average of $30,000 (€27,000) for over 25,000 disabled veterans, reports say.

Advertisement
Code: CAZSPORT. You need to use promocode. The discount is available only for Sports & Outdoor category.

More videos