Student Loan Forgiveness 2024 How To Apply It. President biden is set to announce a new mass student loan forgiveness plan. Borrowers would be eligible for relief if they have a current balance on certain types of federal student loans that is greater than the balance of that loan when.
Individuals making less than $120,000 a year, or couples making less than $240,000, would qualify to have full forgiveness of their interest. Here are key details on who qualifies, and when you may be able to apply.