Student loan forgiveness was a major issue during the last year, and more developments await borrowers in 2024. Here’s an overview of the most important updates.
Few (if any) have taken advantage of this new Biden program yet, but it will provide an important pathway to student loan forgiveness for certain borrowers.
The Department of Education revealed that 40% of student loan borrowers missed their first repayment date in October, including four million borrowers who were required to start paying back their loans for the first time.
Some student loan forgiveness initiatives are nearing key deadlines or cutoff dates, while others are just getting started. Here are some critical dates to be aware of.