Public Service Student Loan Forgiveness 2024 Update. The biden administration has resumed application processing for a key student loan forgiveness program geared toward public servants, according to an education. These borrowers will see their pslf payment counts update each month until we make the final adjustment to their idr counts in 2024.

Last month, the biden administration approved more than 150,000 borrowers for student loan forgiveness under the “early” debt cancellation feature of save, which. The pslf program allows you to receive forgiveness of the remaining balance of your direct loans after you have made the equivalent of 120 qualifying monthly payments.