Student Loan Forgiveness Program 2024. Biden initially announced widespread loan forgiveness that would forgive up to $20,000 in loans for all federal borrowers making up to $125,000 per year, but republicans. How to get student loan forgiveness in 2024.

Loan forgiveness and discharge programs. Individuals making less than $120,000 a year, or couples making less than $240,000, would qualify to have full forgiveness of their interest.