Katherine Dyer

Student Loan Forgiveness 2025 Trending Date. As of april 16, 2025, the federal government approved student loan cancellation for almost 4.3 trillion borrowers, totaling over $153 billion in debt forgiveness. Federal student loan forgiveness programs have changed quite a lot over the last year, and more options for student debt relief are coming.

The biden administration touts it as a simple, straightforward application that should only take about five minutes. Student loan forgiveness under pslf has skyrocketed under the biden administration, going from a few thousand approvals prior to 2021 to nearly 900,000 to.