Student Loan Forgiveness 2024 News Today 2024. The biden administration is sending emails out to tens of millions of borrowers about its new plans to cancel student debt. Federal student loan payments for about 8 million americans will stay on hold for at least another six months, the.

In a new wave of student loan forgiveness, the biden administration is canceling $5 billion in debt for 74,000 borrowers, many of whom worked in public sector jobs for more. The biden administration announced last week that $74 billion in student loan forgiveness has now been approved for borrowers under.