Student Loan Forgiveness 2024 Eligibility. Under public service loan forgiveness, borrowers in public service for 10 years who have made 120 months of qualifying payments can get their remaining student debt. The biden administration is gearing up to try to forgive the student debt of millions of people.
For every $1,000 borrowed above the $12,000 limit, borrowers can receive forgiveness after an extra year of. Borrowers will soon get emails about the aid.