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If you repay your loans under an IDR plan, any remaining balance on your student loans will be forgiven after you make a certain number of payments over 20 or 25 years—or as few as 10 years under our newest IDR plan, the Saving on a Valuable Education (SAVE) Plan.
Learn about options for student loan forgiveness and cancellation, including eligibility requirements and application process.
In certain cases, you can have your federal student loan forgiven, canceled, or discharged. Find out whether you qualify due to your job or other circumstances.
17 paź 2024 · The Biden-Harris Administration announced the approval of about $4.5 billion in additional student loan relief for over 60,000 borrowers who work in public service. Total loan forgiveness approved by Administration is now over $175B for 4.8M Americans.
25 paź 2024 · The U.S. Department of Education today announced the next step in its ongoing efforts to provide student debt relief—a set of proposed rules that, if finalized, would authorize loan forgiveness for approximately 8 million borrowers experiencing hardship.
24 sie 2022 · Fixing the broken Public Service Loan Forgiveness (PSLF) program by proposing a rule that borrowers who have worked at a nonprofit, in the military, or in federal, state, tribal, or...
22 maj 2024 · Today’s announcement brings the total loan forgiveness approved by the Biden-Harris Administration to $167 billion for 4.75 million Americans. Thanks to this Administration’s efforts more than one out of every 10 federal student loan borrowers has now been approved for some debt relief.
