New Student Loan Forgiveness 2024.  — biden’s new plan would allow for automatic student loan forgiveness wherever possible. About 4.75 million borrowers have received $167 billion worth of federal student loan forgiveness.

 — the latest plan is his most ambitious since an earlier student loan forgiveness program—offering up to $20,000 in relief to borrowers struggling to make debt. 30, student loan servicers will once again be able to report missed or incomplete payments to borrowers’ credit agencies.