Student Loan Forgiveness Programs 2024. Individuals making less than $120,000 a year, or couples making less than $240,000, would qualify to have full forgiveness of their interest. The biden administration is pausing student loan payments for eight million borrowers enrolled in its new repayment plan, known as save, after a federal appellate.

Individuals making less than $120,000 a year, or couples making less than $240,000, would qualify to have full forgiveness of their interest. The biden administration has approved billions of dollars in student loan forgiveness under two discharge programs designed to remedy certain types of school misconduct and.