Student Loan Forgiveness 2024 For Parents

Student Loan Forgiveness 2024 For Parents. Student loan borrowers enrolled in the biden administration’s new repayment plan can now get on a faster path to student loan forgiveness. The deadline to apply is december 31, 2023.

These plans allow student loan borrowers to pay 5% to 15% of their discretionary income for 10 to 20 or 25 years. Under certain circumstances, you may be eligible to have all or a portion of your student loans forgiven or discharged.