Student Loan Forgiveness 2024 Who Qualifies For Forgiveness. Total loan forgiveness approved by administration is now over $175b for 4.8m americans. Those receiving public service loan forgiveness (pslf);

The department will continue to identify and notify borrowers who reach the applicable forgiveness thresholds (240 or 300 qualifying monthly payments, depending on their repayment plan and type of loan) every two months until next year when all borrowers who are not yet eligible for forgiveness will have their payment counts updated. Total loan forgiveness approved by administration is now over $175b for 4.8m americans.