Student Loan Forgiveness 2024 Update Today. Today, my administration is canceling student debt for 35,000 people through public service loan forgiveness,.  — the supreme court declined on wednesday to lift a sweeping block on president joe biden’s student loan repayment plan that aims to slash monthly payments.

 — the new plan was part of a piecemeal approach to student debt after the justices rejected a proposal last year that would have canceled more than $400 billion in. Department of education (department) will begin emailing all borrowers with at least one outstanding federally held student loan to.