Student Loan Forgiveness 2024 Eligibility Reddit. But according to recent data released by the education department, through february 2024, the biden administration has approved over $56 billion in student loan. Many student loan forgiveness options are available if you're out of college and struggling to pay.
You may qualify for student loan forgiveness of some or all of the balance of your federal student loans if you perform certain types of qualifying. The program was the second iteration of biden’s student loan forgiveness program after an earlier plan to forgive up to $20,000 to more than 40 million borrowers.