Elena Karine

New Student Loan Forgiveness 2024 Application. Individuals making less than $120,000 a year, or couples making less than $240,000, would qualify to have full forgiveness of their interest. 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.

Under public service loan forgiveness, borrowers in public service for 10 years who have made 120 months of qualifying payments can get their remaining. The future of student loan forgiveness will likely depend on key events over the next few months.