Student Loan Forgiveness 2024 Trending. Here’s how to get student loan forgiveness in 2024 — and what you need to know before pursuing this path. The biden administration is canceling $7.7 billion in student loans for another 160,000 borrowers through a combination of existing programs, the education department announced wednesday.

The biden administration touts it as a simple, straightforward application that should only take about five minutes. You can expect the u.s.