Student Loan Forgiveness 2024 Application Pdf. Your debt may be forgiven after 20 or 25 years of repayment history. The proposed plan will target student loan forgiveness for four groups of borrowers.

“if you don’t want to receive debt relief for any reason, you need to tell your loan servicer that you don’t want to receive student loan debt relief. Borrowers must have taken out no more than $12,000 in student loans to qualify.