Student Loan Forgiveness 2024 Application Cnn. Biden passed a range of student debt forgiveness programs, with at least $167 billion in student loans erased for about 5 million borrowers. Of those who expect forgiveness, 37% plan to work in public service, while 7% say their future employer will pay for their loans.
The administration is working on developing another student loan forgiveness program, relying on a different legal authority this time. If you are hoping for student loan forgiveness, it’s important that you are realistic about the implications to your monthly budget.
