Student Loan Forgiveness 2024 Help. More than 43 million people had federal student loans, totaling about $1.5 trillion at the start of 2024.during. The administration’s new plan would cancel debt for all borrowers with only undergraduate student debt who entered repayment 20 or more years ago and cancel loans for.

Loan forgiveness and discharge programs. How to submit biden’s student loan forgiveness application apply now for student loan forgiveness under president biden’s new plan on the department of education website.