Student Loan Forgiveness 2024 Update Reddit. On august 24th, the white house announced it's plan to forgive up to $20k in federal student loans for many borrowers. Most borrowers have to recertify using their 2023 tax returns.
Check out our student loan forgiveness page for information about other types of loan forgiveness and discharge. In a new wave of student loan forgiveness, the biden administration is canceling $5 billion in debt for 74,000 borrowers, many of whom worked in public sector jobs for more.