Student Loan Forgiveness 2024 Trending Trend. Student loan borrowers enrolled in the biden administration’s new repayment plan can now get on a faster path to student loan forgiveness. President biden canceled $7.4 billion in student loan debt on friday as he tries to shore up support with young voters who are disproportionately affected by.

On friday, the white house announced that an additional 277,000 borrowers will see their student loans eliminated, amounting to about $7.4 billion in forgiven debt. You can expect the u.s.