Current Student Loan Forgiveness Biden 2025. The biden administration announced monday it was forgiving student loans for more than 150,000 borrowers, bringing the total number of individuals impacted by debt relief. Biden’s sweeping debt relief plan to cancel up to $20,000 of student debt for tens of millions of americans was struck down by the supreme court in 2023.
Student loan forgiveness was a pillar of biden’s 2020 presidential campaign and a major policy focus for his education department, but the administration’s ambitious plans were. Department of education (department) today announced the next step in its ongoing efforts to provide student debt relief—a set of proposed rules that, if finalized,.
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