Student Loan Forgiveness In 2024. On july 18, 2024, a federal court issued a stay preventing the department from operating the saving on a valuable education. 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.
Here’s what you need to know. “if you don’t want to receive debt relief for any reason, you need to tell your loan servicer that you don’t want to receive student loan.