Update On Student Loan Forgiveness 2024. Student loan forgiveness update as millions to be emailed relief options. $53.5 billion for almost 750,000 borrowers through fixes to public service loan forgiveness that began in october 2021.

$53.5 billion for almost 750,000 borrowers through fixes to public service loan forgiveness that began in october 2021. 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).