Student Loan Forgiveness 2024 News And Observer. Today, president biden announced an additional $4.5 billion in student debt cancellation for over 60,000 borrowers through the public service loan forgiveness (pslf). The biden administration has canceled $175 billion in student loans for nearly 5 million borrowers as of this month.

The new lawsuit may directly impact student loan forgiveness and repayment for millions. But will this program last?