Student Loan Forgiveness 2024 Requirements. Today, president biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the saving on a. Department of education (department) will begin emailing all borrowers with at least one outstanding federally held student loan to provide updates.

The application process for student loan forgiveness will depend on the program you pursue. Today, president biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the saving on a.