Student Loan Forgiveness 2024 Eligibility Check. 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 plan. As of may 2023, around 492,000 borrowers have gotten loan forgiveness through tpd discharge.

So far, the biden administration has approved more than $51 billion in student loan forgiveness for at least a million borrowers under the idr account adjustment, according to recent data released. Those receiving public service loan forgiveness (pslf);