New Student Loan Forgiveness 2024 Update. In light of the supreme court’s ruling this morning, president biden and his administration have already taken two steps this afternoon aimed at providing debt relief. The emails will tell borrowers about the new student loan forgiveness plan, and will let them know that “they have until august 30 to call their servicer and opt out if.
President biden announced another round of student loan forgiveness on wednesday, canceling $7.7 billion in debt for 160,000 people in what has become a. 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.