Student Loan Forgiveness March 2024. The education department announced the cancellation of $7.7 billion in student loans for people who received public service loan forgiveness, such as. $300 million for 4,600 borrowers through fixes to public service loan forgiveness (pslf).

$51 billion for more than 1 million borrowers through administrative. $69.2 billion for 946,000 borrowers through fixes to public service loan forgiveness (pslf).