Student Loan Forgiveness 2024 Application Cnn. The biden administration has released new details on an upcoming student loan forgiveness initiative that could benefit millions of borrowers. The biden administration is sending emails out to tens of millions of borrowers about its new plans to cancel student debt.

The pslf program allows you to receive forgiveness of the remaining balance of your direct loans after you have made 120 qualifying monthly payments while working full. Here’s how that might happen.