Student Loan Forgiveness 2024 Pslf Amount. Anyone who borrowed $12,000 or less in federal student loans and has been in repayment for at. Department of education (department) will begin emailing all borrowers with at least one outstanding federally held student loan to.

According to the education department, over 236,000 borrowers have been approved for over $14 billion in student loan forgiveness under the limited pslf. The program was the second iteration of biden’s student loan forgiveness program after an earlier plan to forgive up to $20,000 to more than 40 million borrowers.