Student Loan Forgiveness 2024 Trending Hashtags. The biden administration said friday that it is using existing student loan forgiveness programs to cancel another round of student debt, totaling $7.4 billion for. Borrowers will soon get emails about the aid.

Individuals making less than $120,000 a year, or couples making less than $240,000, would qualify to have full forgiveness of their interest. The biden administration announced multiple new student loan forgiveness initiatives that will trim billions in student debt for some borrowers.