Joe Biden Student Loan Forgiveness 2024 Apply. $1.2 billion in loans for nearly 153,000 borrowers who are eligible for the shortened time to forgiveness benefit under president biden’s. Biden's forgiveness plan seeks to cancel $10,000 in federal student loan debt for individual borrowers with an annual income less than $125,000.

Here are key details on who qualifies, and when you may be able to apply. $1.2 billion in loans for nearly 153,000 borrowers who are eligible for the shortened time to forgiveness benefit under president biden’s.