Student Loan Forgiveness 2024 Requirements Engineering. The proposal outlines a set of factors that could be used to identify hardship, such as a borrower’s total student loan balance and required payments relative to household. The future of student loan forgiveness will likely depend on key events over the next few months.
Here’s how to get student loan forgiveness in 2024 — and what you need to know before pursuing this path. The administration’s new plan would cancel debt for all borrowers with only undergraduate student debt who entered repayment 20 or more years ago and cancel loans.