Lucas Springer

New Student Loan Forgiveness Plan 2025. It's updated with the latest 2025 federal poverty line numbers. The department of education (department) today will begin notifying more than 804,000 borrowers that they have a total of $39 billion in federal student loans that will be automatically discharged in the coming weeks.

This means that many borrowers would not need to submit an application to request relief. New biden student loan forgiveness plan: