Student Loan Forgiveness 2024 News And Facts. The biden administration approved roughly $1.2 billion in student loan relief for about 35,000 borrowers who work in public service, including as firefighters, social. Borrowers have until august 30 to do so.

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. On friday, the white house announced that an additional 277,000 borrowers will see their student loans eliminated, amounting to about $7.4 billion in forgiven debt.