Student Loan Forgiveness 2024 Save Plan Eligibility. The proposed plan includes relief for borrowers who have been paying their loans for at least 20 or 25 years, automatic forgiveness for borrowers who are eligible for. The save plan forgives remaining student debt in as little as 10 years if you have an original balance of $12,000 or less, and in up to 20 or 25 years for other.
After the supreme court struck down the forgiveness plan, the biden administration set up a student loan relief. The save plan forgives remaining student debt in as little as 10 years if you have an original balance of $12,000 or less, and in up to 20 or 25 years for other.