Student Loan Forgiveness 2024 Form Biden. The biden administration has canceled $167.3 billion in student loans for 4.7 million borrowers as of may. Biden’s new student loan forgiveness program will be much different from his first plan.
A federal judge on thursday granted a temporary restraining order to prevent president joe biden from discharging student loan debt for more than 25 million. President biden will announce plans to cancel up to $20,000 of the amount a borrower’s balance has grown due to unpaid interest on their loans after entering.