Student Loan Forgiveness 2024 Trending Date. The education department announced last week that borrowers will have more time to take advantage of a key biden administration student loan forgiveness. A handful of existing federal student loan forgiveness programs have erased $143.6 billion in student debt for 3.96 million borrowers as of march 21, according to the.
Individuals making less than $120,000 a year, or couples making less than $240,000, would qualify to have full forgiveness of their interest. Borrowers have until august 30 to do so.