Student Loan Forgiveness 2024 News And Facts. — the biden administration has approved billions of dollars in student loan forgiveness under two discharge programs designed to remedy certain types of school. — the administration’s new plan would cancel debt for all borrowers with only undergraduate student debt who entered repayment 20 or more years ago and cancel loans.
Here’s what borrowers need to know during these last months of 2024. As of august 2024, the administration has approved.