Aimee Claribel

Student Loan Forgiveness 2024 Update News. The biden administration just approved $613 million in student loan forgiveness under the save plan. The biden administration on wednesday announced the cancellation of an additional $7.7 billion in student loans for 160,000 americans in its ongoing efforts to relieve soaring college debt.

Faster student loan forgiveness and lower payments under biden’s save plan. Pslf allow borrowers to receive student loan forgiveness on their direct federal loans after making 120 qualifying monthly payments.