Student Loan Forgiveness 2024 Trending Topics. As of april 16, 2024, the federal government approved student loan cancellation for almost 4.3 trillion borrowers, totaling over $153 billion in debt forgiveness. Several key student loan forgiveness dates are approaching over the next several months.

Nearly 50% of student loan borrowers anticipate future debt forgiveness: Many of those borrowers anticipate that the government will excuse them from their education loans, according.