Le Lézard
Classified in: Business
Subjects: NPT, POL, VET, AVO

The American Legion calls for White House to protect vets 'borrower defense'


WASHINGTON, May 29, 2020 /PRNewswire/ -- The head of the nation's largest veterans organization is imploring President Trump to sign legislation which would relieve students from repaying loans that were issued because they were defrauded by disreputable schools.

"Veterans have been aggressively targeted due to their service to our country," American Legion National Commander James W. "Bill" Oxford said. "Student veterans are a tempting target for certain online and for-profit schools to mislead with deceptive promises, while offering degrees and certificates of little-to-no value. We urge President Trump to sign House Joint Resolution 76, which allows for a 'borrower defense' to be used by students to obtain discharges to loans that were issued because of these false promises. This is the type of legislation that our delegates called for when they unanimously passed Resolution No. 82 at our 2017 national convention."

Oxford added that Trump stood with veterans in 2019 when he exercised his executive authority to order the Department of Education to forgive hundreds of millions of student loan debt for veterans with severe disabilities. "We are hoping that President Trump will once again come to the aid of student veterans," Oxford said. "Under current conditions, it is nearly impossible for veterans to successfully use a 'borrower defense.' The American Legion believes this needs to be fixed. We hope that he will sign this needed legislation."

The American Legion, www.legion.org, is the nation's largest veterans service organization and was founded in 1919 on the four pillars of a strong national defense, the care and wellbeing of U.S. military veterans, patriotic youth programs and Americanism.

Media contacts: Indianapolis: John Raughter (317) 630-1350, [email protected]; Washington: Paul Harris (202) 263-2991, [email protected]

 

SOURCE The American Legion


These press releases may also interest you

at 11:19
On 29 March 2024, BTR New Material Group Co., Ltd. ("BTR")(835185.BJ), a global leader in battery materials, inked an investment agreement with the Moroccan government to erect a lithium battery ternary cathode material facility in the country. The...

at 11:08
AERKOMM Inc. (Euronext: AKOM, OTCQX: AKOM, "AERKOMM"), an innovative satellite technology company providing multi-orbit broadband connectivity solutions, and IX Acquisition Corp , a SPAC focused on the technology, media and telecommunications...

at 11:00
American Bureau of Shipping, CALAMCO, Fleet Management Limited, Sumitomo Corporation and TOTE Services, LLC ("TOTE Services") today announced the execution of a Memorandum of Understanding (MOU) to jointly conduct a feasibility study (hereinafter...

at 10:30
Unifi Aviation is making a pledge to employ 500 refugees over the next three years, a commitment the company made at the second annual TENT U.S. Business Summit on Refugees hosted by Pfizer at its global headquarters in New York City on March 26....

at 10:15
Today, Investopedia announced the winners of its 2024 Best Online Broker Awards, featuring 14 categories highlighting winners whose products and services helped investors navigate rising but volatile markets, a crypto resurgence, and new assets like...

at 10:12
NerdsToGo®, a leading information technology (IT) solutions and technology repair services franchise for both business and home, announced today plans for its strategic expansion throughout the greater Chicago area with 20 new territories available...



News published on and distributed by: