Student Loan Forgiveness Feb 2024. The biden administration is pausing student loan payments for eight million borrowers enrolled in its new repayment plan, known as save, after a federal appellate court issued a. The biden administration will forgive $1.2 billion in student debt for another 35,000 public service workers, the department of education announced on thursday.
The ruling comes the same day that the biden administration announced another round of student loan forgiveness, this time totaling $1.2 billion in forgiveness for roughly 35,000 borrowers who are. 513,000 borrowers get student loan forgiveness due to health issues