New Student Loan Forgiveness 2024. Biden’s new student loan forgiveness program will be much different from his first plan. President joe biden will formally unveil a new student loan forgiveness plan next week, even as the education department continues to implement billions in debt.
Automatically canceling debt for borrowers eligible for loan forgiveness under save, pslf, closed school discharge, or other forgiveness programs but not enrolled The proposal would permit student debt forgiveness for borrowers with only undergraduate debt if they first entered repayment at least 20 years ago (on or before.