Student Loan Forgiveness 2024 News And Rumors. Biden’s new student loan forgiveness program will be much different from his first plan. Democratic lawmakers unveiled a new plan last week that would dramatically expand student loan forgiveness and payment relief options for a key.

Biden’s plan aims to address that “runaway interest” by canceling up to $20,000 of the amount a borrower’s balance has grown due to unpaid interest after. Democratic lawmakers unveiled a new plan last week that would dramatically expand student loan forgiveness and payment relief options for a key.