Student Loan Forgiveness 2024 Eligibility. President biden is set to announce a new mass student loan forgiveness plan. You may qualify for student loan forgiveness of some or all of the balance of your federal student loans if you perform certain types of qualifying employment and make a.
Borrowers would be eligible for relief if they have a current balance on certain types of federal student loans that is greater than the balance of that loan when it entered. Each additional $1,000 in borrowing adds 12 more months until.