Student Loan Forgiveness 2024 News Today. Those who have experienced runaway interest since entering repayment. The department of education (department) today will begin notifying more than 804,000 borrowers that they have a total of $39 billion in federal student loans that will be automatically discharged in the coming weeks.

 — forbearance period will not count toward student loan forgiveness, including pslf. Cost estimates of the new save plan vary.