Student Loan Forgiveness 2024 Trending. As of april 16, 2024, the federal government approved student loan cancellation for almost 4.3 trillion borrowers, totaling over $153 billion in debt forgiveness. Wed, august 28, 2024, 8:40 am pdt · 2 min read.

As of april 16, 2024, the federal government approved student loan cancellation for almost 4.3 trillion borrowers, totaling over $153 billion in debt forgiveness. How will the approval of student loan forgiveness impact existing repayment plans?