Student Loan Forgiveness 2024 Update Date. The department of education (department) today will begin notifying more than 804,000 borrowers that they have a total of $39 billion in federal student loans that will be. Today, president biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the saving on a valuable education (save) repayment.
Here’s a breakdown of what it means. Public service loan forgiveness (pslf) and teach grant updates.