Student Loan Forgiveness 2024 Trending Date. The biden administration said friday that is using existing student loan forgiveness programs to cancel another round of student debt, totaling $7.4 billion for 277,000 borrowers. Department of education to keep looking into student loan forgiveness options in 2024 — especially since it’s an election year, and biden has made student loan forgiveness a top priority.
Thanks to this administration’s efforts one out of every 10 federal student loan borrowers has now been approved for some debt relief. The biden administration has forgiven $127 billion in student loan debt for nearly 3.6 million borrowers to date.
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