Student Loan Forgiveness 2024 Update. A federal appeals court has issued yet another blow to student loan forgiveness as millions of borrowers remain in limbo following a flurry of challenges and appeals. Borrowers can also be eligible for student loan forgiveness if they first entered.
The department of education will pause student loan payments for 8 million borrowers after a federal appeals court temporarily blocked a repayment plan that the biden. 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 opposed the plan in.