Apply For Biden Student Loan Forgiveness 2024. The administration’s proposed plan would offer partial or full forgiveness of student loans under specific conditions, including for borrowers who have paid off their loans for 20 to. Some borrowers may have to take certain steps by april 30th in order to qualify.

October 4, 2023 at 2:41 p.m. Forgive loan balances after 10 years of payments, instead of 20 years, for borrowers with original loan balances of $12,000 or less.