Student Loan Forgiveness 2024 Update News. President biden is set to announce a new mass student loan forgiveness plan. The department of education (department) today will begin notifying more than 804,000 borrowers that they have a total of $39 billion in federal student loans that will be.

N ow that a federal judge has ruled that the biden administration can proceed with its student loan forgiveness program, lifting a temporary. October 3, 2024 4:46 pm edt.