Student Loan Forgiveness Options 2024. Individuals making less than $120,000 a year, or couples making less than $240,000, would qualify to have full forgiveness of their interest. Consolidating your loans by the june 30, 2024, deadline could have allowed you to get debt relief for all of your loans sooner.
Teachers with federal student loans have four loan forgiveness program options: Ultimately, more than 20 million borrowers could receive relief.