Joe Biden Student Loan Forgiveness 2024 Apply. 24 that president joe biden will take action this year to cancel thousands of dollars in federal student loan debt for millions of. President joe biden on wednesday announced his plan to address student loan debt, which includes debt forgiveness for certain borrowers and extending.

Today, president biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the saving on a. President biden will announce plans to cancel up to $20,000 of the amount a borrower’s balance has grown due to unpaid interest on their loans after entering.